Bajaj Auto Releases March 2009 Sales Performance

March 09

Particulars	March 2009	March 2008	Change %
MOTORCYCLES	132,210	154,443	(14)
TOTAL 2 WHEELERS	132,640	155,504	(15)
3 WHEELERS	21,453	20,776	3
TOTAL 2&3 WHEELERS	154,093	176,280	(13)
Exports out of the above	46,874	51,035	(8)

From a low of 61,546 units in December 2008, Bajaj domestic motorcycle sales have grown progressively over the last quarter and by as much as 51% in March 2009 to 92,947 units. Total motorcycle sales (including exports) for March 2009 were up 12% over December 2008 to 132,210 units.

This growth has been led primarily by the XCD 135 DTS-Si which sold 21,883 units in March 2009, its second month of sales.

Bajaj expects even stronger growth in the first quarter of FY2010 powered by the continuing success of the XCD 135 DTS-Si as also the launch of product upgrades off the Pulsar platform.

Flat 3-wheeler sales continue to reflect the subdued state of the economy.

FY 2009

Particulars	April ~ March 2009	April ~ March 2008	Change %
MOTORCYCLES	1,907,810	2,139,779	(11)
TOTAL 2 WHEELERS	1,919,582	2,161,095	(11)
3 WHEELERS	274,526	290,312	(5)
TOTAL 2&3 WHEELERS	2,194,108	2,451,407	(10)
Exports out of the above	772,519	618,341	25

Exports for the year at 772,519 units represented a growth of 25% over FY 2008.

Exports have been under pressure in recent months and are expected to revive from June 2009.

Rajiv Bajaj
MD, Bajaj Auto Ltd., Pune

2nd April 2009