Issue Of U.S.$ 300,000,000 5.25 Per Cent. Notes Due 2028 ('Notes') Issued Pursuant To U.S.$1,000,000,000 Medium Term Note Programme By Power Finance Corporation Limited (The 'Issuer')

• Security Code: 532810
• Company: PFC

In accordance with corporate disclosures required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Issuer has launched an issue of U.S.$ 300,000,000 5.25 per cent. priced on August 2, 2018. The Notes carry a coupon of 5.25 % per annum payable semi-annually, in arrears. Unless previously redeemed pursuant to the terms and conditions of the Notes, the Notes will mature on August 10, 2028 and all INR principal and interest payments will be made in U.S. Dollars.

The Notes represent direct, unconditional and unsecured obligations of the Issuer and will rank pari passu among themselves and all other unsecured obligations of the Issuer. The Notes will be listed on the London Stock Exchange's International Securities Market and the Singapore Exchange Securities Trading Limited.

The net proceeds from each issue of Notes will be applied by the Issuer for general corporate purposes.

This is for the information of your members and all concerned and in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.