REPORT PARAMETERS

Report Profile, Scope & Boundary
This is our fourth, annual Sustainability Report covering the data and performance indicators for the period April 1, 2006 to March 31, 2007, except for the sections on Highlights, Awards and Certifications which include more recent updates.

The last issue of our Sustainability Report was released in 2006 covering the period April 1, 2005 to March 31, 2006.

The reporting principles and methodology continue to remain in accordance with GRI guidelines’ 2006 version - G3. The relevant technical protocols have been followed for reporting various indicators.

ITC is headquartered at Virginia House, 37 J L Nehru Road, Kolkata 700 071 (India).

For additional copies of this Report or any clarifications, please write to Corporate Communications Department at the above address or e-mail: enduringvalue@itc.in

Explanation of Processes

Sustainability and sustainable development are integral to ITC’s ethos and find expression in our commitment to enhancing the Triple Bottom Line of economic, social and environmental capital.

This Report covers performance of all the businesses and units directly under ITC Limited. Our businesses/units continue to proactively engage with respective stakeholders, who, either have a major interest or are substantially affected by our performance in any of these businesses/units. A summary of this stakeholder engagement is provided elsewhere in this Report

This ‘Triple Bottom Line’ performance is reported ‘in accordance’ with GRI - G3 guidelines at A+ level. No stakeholder engagement has been undertaken specifically for the purpose of Sustainability Reporting.

We are actively pursuing to influence our subsidiary companies and outsourced manufacturing with our ‘Triple Bottom Line’ philosophy.

The Report on economic performance is drawn from the Company’s Report & Accounts (R&A) 2007. The R&A 2007 was prepared in accordance with the Companies Act, 1956 and has been audited by independent External Auditors - M/s A F Ferguson Co., Chartered Accountants.

The environment and safety data is compiled from actual operating data maintained by the various businesses, factories, hotels, etc. of the Company.

The social responsibility data has been collected on-site.