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MARG KARAIKAL PORT RESCUES FISHERMEN AND THEIR BOAT

~ Rescue mission post the distress call from the member of Nagore Fishing Panchayat~

~ Timely & immediate response to support the fishermen ~

~ Divers and excavators deputed in the rescue act ~

Karaikal, June 21, 2012: MARG Karaikal Port, a subsidiary of Chennai headquartered MARG Limited, one among India's fastest growing infrastructure companies, responded with alacrity in rescuing a fishing boat that was stranded in the midst of territorial waters. At around 9 am on June 15, 2012 MARG Karaikal Port received a distress call from the Nagore Fishing Panchayat requesting the rescue of fishing boat which was stranded in the territorial waters of the Port. The authorities at the port acted swiftly by deputing a team of divers and excavators to rescue the fishermen and the boat. A team of fifteen members were involved in the rescue operation that lasted for two hours.

Anandaraj, Mooring Supervisor cum diver at MARG Karaikal Port said "It took nearly two hours of strenuous struggle to rescue the boat and crew members. An added complication was that we were time bound. If we didn't get there in time, the boat would have broken into pieces. Our timely intervention, ensured the boat and the men onboard were rescued besides ensuring the fishing equipments and nets intact."

This is one such rescue operation that MARG Karaikal Port was involved. In the recent past the port's ambulance services and fire tenders have been pressed-in for several rescue operations in and around Karaikal & Nagapattinam areas.

Captain K.N. Ramesh, Chief Operating Officer, MARG Karaikal Port commented "MARG Karaikal Port has been playing a vital role in the development of the communities around through a host of social development programmes through our CSR agenda. We are glad that our resources are being put in use for public goods. I appreciate the efficiency and dedication exhibited by the rescue team from MARG Karaikal Port."

Thanking MARG Karaikal Port for their timely intervention on saving the boat, Sathayaraj, the boat owner said, "Our boat was at the brink of breaking into two pieces. Fortunately, the team from MARG Karaikal Port rescued us. I am extremely grateful to the port authorities for their timely intervention. Otherwise, we would have had to face severe hardships and our livelihood would have been affected."

MARG Karaikal Port has devised special projects under its Corporate Social Responsibility arm MARG Parivarthan, for the welfare and development of fisherfolks and farmers in the region. MARG Karaikal Port in collaboration with

MS Swaminathan Research Foundation (MSSRF) has been disseminating audio advisories pertaining to sea wave height, wind speed & direction, potential fishing zone information etc. on a daily basis to fisher folks through mobile phones. Similarly farmers too receive audio advisories on cropping seasons, pest and disease management, weather forecast, preparation of organic manure and pesticides etc. Help line support has benefited fisher folk across villages in Karaikal and Nagappattinam region.

Commenting on the rescue act, MLN Acharyulu, Executive Director – Marine Infrastructure, MARG said "I am happy to note that we could salvage the boat which is a lifeline for fishermen and more importantly the precious lives of fishermen. At MARG Karaikal Port, we will always endeavour stand by the neighbourhood community as and when the need arises ."

Fisher folk venturing into sea for fishing have often faced the problem due to unpredictable sea wave height, in ability to find the exact location of fish shoal, sudden climatic conditions, etc. MARG Karaikal Port has been continuously extending all possible support to the local communities by deploying its knowledge, expertise and technological resources for the benefit of the general public

MARG Karaikal Port responds to natural calamities such as floods & cyclone to provide much needed relief and rehabilitation for neighbourhood. The port's response has been immediate & timely to console and support the victims with necessary food grains, clothes, vessels, school books, uniforms etc. This support helped the families to bounce back to normalcy.

About MARG Group:

MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure major with presence across the value chain. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of 'Permitted Security'.

With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG's portfolio spans across the entire infrastructure value chain - urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. Listed by Dun & Bradstreet among "India's Top 500 Companies 2010", today MARG Group has projects worth more than Rs. 3400 crores under execution, a seasoned human capital of more than 1100, global partners in the Infra space and offices spread across India, Singapore and China.

More information on MARG is available on http://www.marggroup.com

About MARG Karaikal Port:

MARG Karaikal Port is a premier, deepwater, all weather port on the South East coast of India. The Port has a sizable hinterland because of its strategic location. Awarded on BOT basis by the Government of Puducherry in 2006, MARG Karaikal Port when fully developed is envisaged to have a total of 9 berths capable of handling up to 47 MMTPA. The Port is to be developed over 3 phases with the final phase getting operational by 2017.

MARG Karaikal Port has shown its versatility by handling different types of cargo like coal, fertilizer, cement, raw sugar, project cargo, gypsum, containers, steel pipes, scrap, bagged sugar, construction material etc.The Port's cargo handling capacity and capabilities increased significantly during the past 12 months as 2 new deep draft berths were operationalized, taking the total number of berths available at the Port to 5 at present. The Port has deployed dedicated infrastructure to handle containers and liquid cargo and expanded the existing facilities catering to dry bulk cargo.

MARG KaraikalPort's operational processes and practices are on par with the best in the industry and the Port has managed to bag ISO 9001, ISO 14001 and OHSAS 18001 certifications in a record time, demonstrating the maturity and quality of operational processes followed at the Port.

More information on MARGKaraikalPort is available on http://www.karaikalport.com