Tree House Education allots 18.5 lakh equity shares to Aditya Birla Private Equity Sunrise Fund & ON Mauritius aggregating to Rs. 41.18 crore

The Board of Directors of Tree House Education and Accessories Limited (“Tree House”) at its meeting held on December 4, 2012, proposed to issue and allot 18.5 lakh equity shares of Rs. 10 each at a premium of Rs. 222.60 per equity share aggregating to Rs. 41.18 crore on preferential allotment basis to Aditya Birla Private Equity Sunrise Fund and ON Mauritius. The investors in the Company include an existing shareholder ON Mauritius (4.5 lakh equity shares aggregating to Rs. 10.01 crore) and Aditya Birla Trustee Co. Pvt. Ltd. (14 lakh equity shares aggregating to Rs. 31.16 crore) for and on behalf of Aditya Birla Private Equity – Sunrise Fund.

The Board of Directors of Tree House, inter alia, has considered, approved and recommended (for the approval of the Shareholders of the Company), an increase in the Authorised Share Capital of the Company from existing Authorised Share Capital of Rs. 35.50 crore to Rs. 40.50 crore divided into 4 crore equity shares of Rs. 10 each.

Further, the board has also approved issuing 18 lakh warrants to promoters of the company, Rajesh Bhatia and Geeta Bhatia. Each warrant is convertible into one equity share of Rs 222.60 each, aggregating to Rs 40 crore, within 18 months from the date of allotment.

Tree House also A board meeting in this regard is scheduled to be held on December 27, 2012.

Antique Capital Markets Private Ltd. acted as an advisor to the Company for the transaction.

About Tree House Education and Accessories Limited

Treehouse Education and Accessories Limited (NSE code: TREEHOUSE; BSE code: 533540) runs quality preschools and also provides educational services to K-12 schools throughout the country. Treehouse has revolutionized the concept of pre-school pedagogy in India through the use of innovative teaching methods and child-focused personal care. For day to day updates on what’s happening at our centers, follow us on Facebook at www.facebook.com/treehouse.playgroup

For more updates and information on the Company, please log on towww.treehouseplaygroup.net

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