Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 8-13, 2005).

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

                                        T T & O D SELLING

                          AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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

                                                                           + Appreciation - Depreciation

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

         6.8.2005                             LAST WEEK RATES

         Previous

         Week     8.8.2005     13.8.2005                                   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

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

US        59.78     59.78     59.75     59.75   13/8/2005      59.80     10/8/2005   -   0.030000  -0.05

UK      106.320   106.080   108.360   106.080    8/8/2005    108.360     13/8/2005   +   2.040000   1.92

Japan  0.534500  0.531700  0.546300  0.531700    8/8/2005   0.546300     13/8/2005   +   0.011800   2.21

Euro    75.3400   73.7400   74.3100   73.7400    8/8/2005    74.5100     12/8/2005   -   1.030000  -1.37

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

                                        T T CLEAN BUYING

                          AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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

         6.8.2005                             LAST WEEK RATES

         Previous

         Week     8.8.2005     13.8.2005                                   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

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

US        59.58     59.58     59.55     59.55    13/8/2005     59.60   10/8/2005    -    0.030000  -0.05

UK      105.960   105.730   107.990   105.730     8/8/2005   107.990   13/8/2005    +    2.030000   1.92

Japan  0.532700  0.529900  0.544400  0.529900     8/8/2005  0.544400   13/8/2005    +    0.011700   2.20

Euro    75.0900   73.4900   74.0600   73.4900     8/8/2005   74.2600   12/8/2005    -    1.030000  -1.37

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