Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 16 to 21, 2006).

========================================================================================================

                                       T T & O D SELLING

                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

--------------------------------------------------------------------------------------------------------

                                                                           + Appreciation - Depreciation

========================================================================================================

          14.10.2006                           LAST WEEK RATES

          Previous

          Week    16.10.2006  21.10.2006                                   FLUCTUATIONS IN CLOSING RATES

          Closing  Opening      Closing     Highest                 Lowest            Over Previous Week

          Rate                          Rate        Date       Rate       Date     +Up     Amount      %

           Rs          Rs        Rs      Rs                     Rs               - Down      Rs

--------------------------------------------------------------------------------------------------------

U.S       60.52     60.52     60.50     60.50   19/10/2006     60.57   17/10/2006   -    0.020000  -0.03

U.K     112.300   112.210   113.910   112.210   16/10/2006   113.910   21/10/2006   +    1.610000   1.43

Japan  0.505900  0.505600  0.509500  0.505600   16/10/2006  0.511300   20/10/2006   +    0.003600   0.71

Euro    75.7600   75.6700   76.3100   75.6700   16/10/2006   76.4600   20/10/2006   +    0.550000   0.73

========================================================================================================

                                       T T CLEAN BUYING

                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

========================================================================================================

          14.10.2006                           LAST WEEK RATES

          Previous

          Week    16.10.2006  21.10.2006                                   FLUCTUATIONS IN CLOSING RATES

          Closing  Opening      Closing     Highest                 Lowest            Over Previous Week

          Rate                          Rate        Date       Rate       Date     +Up     Amount      %

           Rs          Rs        Rs      Rs                     Rs               - Down      Rs

--------------------------------------------------------------------------------------------------------

U.S       60.72     60.72     60.70     60.70   19/10/2006     60.77   17/10/2006   -   0.020000   -0.03

U.K     112.670   112.580   114.280   112.580   16/10/2006   114.280   21/10/2006   +   1.610000    1.43

Japan  0.507600  0.507300  0.511200  0.507300   16/10/2006  0.513000   20/10/2006   +   0.003600    0.71

Euro    76.0200   75.9200   76.5700   75.9200   16/10/2006   76.7100   20/10/2006   +   0.550000    0.72

========================================================================================================