Acquisition of Domsjö Fabriker AB (SE) by Aditya Birla Group (IN) through Thai Rayon Public Company Limited (TH) and Indo Bharat Rayon (ID) — Amount not disclosed

Carnegie acted as sole financial adviser to the sellers in the acquisition of Domsjö Fabriker AB by Aditya Birla Group through Thai Rayon Public Company Limited and Indo Bharat Rayon. Domsjö Fabriker develops, produces and markets dissolving cellulose, lignosulphonate and bioethanol for the global market.April, 2011.