Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013

Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Albania Algeria American Samoa Andorra Angola Anguilla (UK) Antigua and Barbuda Argentina Aruba (Netherlands) Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda (UK) Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil British Pacific (Pitcairn) Islands British Virgin Islands Brunei B1 A2 Not Rated B2 C1 Not Rated B1 B1 A1 A1 A2 B1 B2 B1 B1 B2 C1 A1 B2 C1 A1 B2 B1 B2 A2 A2 A1 A1 B1 B1 A2 Not Rated B2 B1 Not Rated B1 B1 A1 A1 A2 B1 B2 B1 B1 B2 C1 A1 B2 C1 A1 B2 B1 B2 A1 A2 A1 A1 B1
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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Canary Islands (Spain) Cayman Islands (UK) Central African Republic Chad Channel Isles (UK) Chile China Christmas Island (Australia) Cocos/Keeling Island (Australia) Colombia Comoros Congo Republic Cook Islands (New Zealand) Costa Rica Croatia Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador El Salvador B1 B2 C2 B2 B2 A1 A2 A1 D C2 A1 A2 A2 A1 A1 B1 C2 B2 Not Rated B1 B2 B2 B1 A2 B2 C1 B1 B2 B1 B1 B2 C2 B2 B2 A1 A2 A1 D C2 A1 A2 A2 A1 A1 B1 C2 B2 Not Rated B1 B2 B2 B1 A2 B2 C1 B1 B2 B1

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 Estonia Ethiopia Falkland Islands (UK) Faroe Islands (Denmark) Finland France French Guiana (France) French Polynesia (France) French South Atlantic Territories (France) Gabon Georgia Germany Ghana Gibraltar (UK) Greenland (Denmark) Grenada Guadeloupe (France) Guam (US) Guatemala Guinea Haiti Heard Island and McDonald Island (Australia) Hong Kong (Sp. Ad. Region of China) Hungary India Indonesia Ireland Israel Italy B1 C1 A1 Not Rated A2 A1 Not Rated A1 Not Rated B2 B2 A1 B2 A1 Not Rated C2 A1 A1 B1 C2 C1 Not Rated A2 B1 A1 B1 B1 A2 A2 B1 C1 A1 Not Rated A2 A1 Not Rated A1 Not Rated B2 B2 A1 B2 A1 Not Rated C2 A1 A1 B1 C2 C1 Not Rated A2 B1 A1 B1 B1 A2 A2

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 Jamaica Japan Kazakhstan Kenya Kiribati Kuwait Laos Latvia Lesotho Liechtenstein Lithuania Luxembourg Macao (China) Madagascar Malaysia Maldives Mali Malta Marshall Islands Martinique (France) Mauritius Mayotte (France) Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat (UK) B2 A1 B1 B1 Not Rated A2 C1 B2 B2 A1 A2 A2 A2 C1 A2 C1 C1 B1 C1 A1 A2 A1 A2 B2 C2 A2 C1 C1 Not Rated B2 A1 B1 B1 Not Rated A2 C1 B2 B2 A1 A2 A2 A2 C1 A2 C1 C2 B1 C1 A1 A2 A1 A2 B2 C2 A2 C1 C1 Not Rated

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 Morocco Mozambique Myanmar Namibia Nauru Nepal Netherland Antilles (Netherlands) Netherlands New Caledonia (France) New Zealand Niger Nigeria Niue Island Norfolk Island (Australia) Northern Mariana Islands (US) Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico (USA) Qatar Reunion Islands A2 C1 B2 B1 D B1 A1 A1 Not Rated A1 C1 B1 Not Rated A1 Not Rated A1 A2 B2 Not Rated B1 B1 B1 A2 B1 B1 B1 A1 A2 B1 A2 C1 B2 B1 D B1 A1 A1 Not Rated A1 C1 B1 Not Rated A1 Not Rated A1 A2 B2 Not Rated B1 B1 B1 A2 B1 B1 B1 A1 A2 B1

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 Romania Russia Samoa San Marino (Italy) Sao Tome & Principie Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands South Africa South Korea Spain Sri Lanka St. Christopher and Nevis St. Helena and Ascension (UK) St. Lucia St. Pierre and Miquelon (France) St. Vincent and the Grenadines Suriname Swaziland Sweden Switzerland Taiwan Tanzania B2 A2 C1 A2 C2 A2 B2 B1 B2 C1 A1 A2 B1 C1 A2 A1 A2 A2 C1 Not Rated C1 Not Rated B2 B1 B2 A1 A1 A2 B2 B2 A2 C1 A2 C2 A2 B2 B1 B2 C1 A1 A2 B1 C1 A2 A1 A2 A2 C1 Not Rated C1 Not Rated B2 B1 B2 A1 A1 A2 B2

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in Open Cover Note : The country mentioned in the bracket represents the parent country Previous Rating Current Rating Sr. No. Country 31.12.2012 31.03.2013 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 Thailand Togo Tokealu (New Zealand) Tonga Trindiad and Tobago Turkey Turkmenistan Turks and Caicos (UK) Tuvalu UAE Uganda Ukraine United Kingdom United States of America Uruguay US Pacific Islands (US) US Virgin Islands Uzbekistan Vanuatu Vatican City Venezuela Vietnam Wallis and Futuna (France) Western Sahara Zambia Zimbabwe B1 C2 Not Rated B2 A2 B2 C1 Not Rated Not Rated A2 B2 B2 A1 A1 A2 A1 A1 B1 C1 A1 B2 B1 Not Rated Not Rated B2 D B1 C2 Not Rated B2 A2 B2 C1 Not Rated Not Rated A2 B2 B2 A1 A1 A2 A1 A1 B1 C1 A1 B2 B1 Not Rated Not Rated B2 D

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in 'Restricted Cover - Group I' for which revolving limits are approved normally valid for a year
Sr. No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Armenia Cape Verde Cote de Ivoire Cuba Democratic Republic of Congo Egypt Equatorial Guinea Eritrea Gambia Guinea Bissau Guyana Iceland Iran Iraq Jordan Kyrgyzstan Liberia Libya Macedonia Malawi Nicaragua Palestine Rwanda Syria Tajikistan Tunisia Yemen Country Previous Rating 31.12.2012 B2 C1 C1 B2 C2 B1 B2 C1 B2 C1 B2 B2 B1 C1 B1 B2 C1 B1 B2 C1 B2 D C1 C1 C1 B1 C1 Current Rating 31.03.2013 B2 C2 C1 B2 C2 B1 B2 C1 B2 C1 B2 B2 B1 C1 B1 B2 C1 B1 B2 C1 B2 D C1 C1 C1 B1 C1

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Export Credit Guarantee Corporation of India Limited Country Risk Classification List as on March 31st, 2013
Countries in 'Restricted Cover Group II' where Specific Approval will be given on a case-to-case basis on merits
Sr. No. 1 2 3 4 5 6 7 8 9 10 Afghanistan Fiji Greece Honduras Lebanon Mauritania North Korea Somalia Sudan Timor Leste Country Previous Rating 31.12.2012 C2 B2 B2 B2 B2 C1 D D C1 D Current Rating 31.03.2013 C2 B2 B2 B2 B2 C1 D D C1 D

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