MANI IYER APPOINTED AS PRESIDENT OF MAHINDRA USA

HOUSTON (July 13, 2009) – Mahindra USA is proud to announce that Mani Iyer has been appointed President, Mahindra USA, Inc. (MUSA). Iyer will replace Anirban Ghosh, who has been president of Mahindra USA since June 2007. Ghosh will assume new responsibilities in the Mahindra Group.

“I am pleased to announce the appointment of Mani Iyer as President of Mahindra USA, Inc. effective April 1, 2009. Mani joined M&M in July 1990 and was assigned to Mahindra USA in October 1998. For the last couple of years, he has been responsible for Sales at Mahindra USA and in May 2008 he was promoted to Vice President – Sales. Mani is well-known and respected for his intimate knowledge of the product, sales, and service and the business relationships developed with our dealers and suppliers. His passion for the Mahindra brand, tractor business and Mahindra values will enable him to provide leadership to Mahindra USA for growing the business.” – Deepak Chibba, Executive Vice President – International Operations, Farm Equipment Sector, M&M Ltd.

Anirban Ghosh, returns to Mumbai India to serve as Vice President – Business Planning for the Farm Equipment Sector, M&M Ltd. “In his two year assignment at Mahindra USA, Anirban has led the Company through a period of change and a challenging economic and industry downturn. There were significant improvements in Supply Chain and Customer Service, a first-ever National Dealer Meeting…and our brand building and customer-centricity initiatives were recognized through an 2008 independent NAEDA survey”, said Mr. Deepak Chibba.

About Mahindra U.S.A.

Houston-based Mahindra USA (www.mahindrausa.com) is a wholly owned subsidiary of Mahindra & Mahindra, one of the largest tractor manufacturers in the world. Producing durable, hard-working equipment has always been the mission of Mahindra dating back to the manufacturing of the famous Willys Jeeps for World War II and the development and manufacturing of the world renowned B444 and B275 tractors in the early 1960s via a joint venture with International Harvester.

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