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Press release

Appointment of Chanakya Chakravarti

31 January 2007
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India’s real estate sector is entering a period of sustained growth, underpinned by strong economic growth, powerful demographic trends and regulatory reform. Actis has appointed Chanakya Chakravarti to provide leadership in this sector which we believe will be a significant growth driver in India. His experience and expertise will help us to further develop opportunities in Indian real estate and is complemented by Actis’s existing track record of in investing in India. His appointment is also part of a strategy to build on our real estate investment business which saw the launch of the US$150m Actis Africa Real Estate Fund in 2006.

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