The implication of the fourth-generation quarks in the B -> K^*l^+l^-
(l=mu,tau) decays, when K^* meson is longitudinally or transversely polarized,
is presented. In this context, the dependence of the branching ratio with
polarized K^* and the helicity fractions (f_{L,T}) of K^* meson are studied. It
is observed that the polarized branching ratios as well as helicity fractions
are sensitive to the NP parameters, especially when the final state leptons are
tauons. Hence the measurements of these observables at LHC can serve as a good
tool to investigate the indirect searches of new physics beyond the Standard
Model.Comment: 13 pages, 10 figures, V2: some of the graphs are modified according
to the new data from recent experiments. arXiv admin note: substantial text
overlap with arXiv:1107.569