"Future Retail Limited (the "Company") is proposing, subject to market conditions and other considerations, a rights issue of its Equity Shares and Equity Shares of Class B (Series - 1) and has filed a Draft Letter of Offer with SEBI and the Stock Exchanges. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the website of the Lead Managers at www.axiscapital.co.in, www.jmfl.com and www.edelweissfin.com. Investors should note that investment in Equity Shares and Equity Shares of Class B (Series - 1) involves a high degree of risk and are requested to refer to the section titled "Risk Factors" of the Draft Letter of Offer for details of the same."