Unitech-buy (citi group)

CITI, 15 February 2008

Unitech,

Buy: More Progress on NKID Project - a Sentiment Postive

Buy/Medium Risk 1M

Price (15 Feb 08) Rs417.15 Target price Rs454.00

Expected share price return 8.8%

CITI, 11 February 2008

Unitech

Upgrade to Buy: Rising NAV, Corrected Stock – an Opportunity

Buy/Medium Risk 1M

from Sell/Medium Risk

Price (08 Feb 08) Rs351.05 Target price Rs454.00

from Rs314.00

Expected share price return 29.3%