Mirae Asset Global Investments (India) appoints Gopal Agrawal, as Senior Fund Manager, India

Company Brief

Mumbai, October 08, 2007

Mirae Asset Global Investments (India) based in Mumbai, today announced the appointment of Mr. Gopal Agrawal as Senior Fund Manager. By roping in Mr. Agrawal, Mirae Asset Global Investments (India) is promulgating its strong commitment, long-term view of investment practices and market opportunities in India and their core expertise in Mutual Fund.

Mr. Agrawal brings to the organization rich experience in fund management and an in-depth knowledge across various sectors such as oil & gas, petrochemicals, shipping, chemicals and fertilizers, engineering sector, metals, etc. At Mirae Asset Global Investments (India), he will be responsible for managing the domestic Equity funds.

Mr. Arindam Ghosh, CEO, Mirae Asset Global Investments (India), said “Gopal brings significant fund management expertise arising out of his invaluable experience and vast knowledge of Indian capital markets acquired over the years. We are confident his commitment and brilliant view on market will create tremendous record with us. We welcome Gopal to Mirae Asset Global and our team in India.”

Mr. Agrawal joins Mirae Asset Global Investments (India) from SBI Mutual Fund, where he achieved remarkable performance which ranked one of the best performing schemes in the industry as a fund manager. In the past, Mr. Agrawal has also been associated with UTI Securities, IDBI Capital, Kotak Securities and HDFC Securities as an equity analyst. Gopal is a Chemical Engineer and second ranked brain in MBM at VGSOM, IIT Kharagpur. He has a total experience of 13 years out which 7 years is with the Indian fund management industry.

For any further information, please contact:

Kiran Makhija / Rethu Panicker

Adfactors PR

Tel: 022 – 22813565

Email: kiran.makhija@adfactorspr.com/rethu.panicker@adfactorspr.com