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Following currency fluctuations took place in foreign exchange rates during the last quarter. (January 03 to March 31, 2006).



========================================================================================================
T T & O D SELLING
AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
--------------------------------------------------------------------------------------------------------
+ Appreciation - Depreciation
========================================================================================================
31.12.2005 LAST QUARTER RATES
Previous
Quarter 03.01.2006 31.03.2006 FLUCTUATIONS IN CLOSING RATES
Closing Opening Closing Highest Lowest Over Previous Quarter
Rate Rate Date Rate Date +Up Amount %
Rs Rs Rs Rs Rs -Down Rs
--------------------------------------------------------------------------------------------------------
US 59.93 59.88 60.08 59.88 03/1/2006 60.33 18/3/2006 + 0.150000 0.25
UK 103.240 103.480 104.860 103.480 03/1/2006 107.060 26/1/2006 + 1.620000 1.57
Japan 0.509200 0.510100 0.511600 0.504500 04/2/2006 0.526400 09/1/2006 + 0.002400 0.47
Euro 70.9500 71.0800 73.0600 71.0800 03/1/2006 73.6700 24/1/2006 + 2.110000 2.97
========================================================================================================
T T CLEAN BUYING
AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
========================================================================================================
31.12.2005 LAST QUARTER RATES
Previous
Quarter 03.01.2006 31.03.2006 FLUCTUATIONS IN CLOSING RATES
Closing Opening Closing Highest Lowest Over Previous Quarter
Rate Rate Date Rate Date +Up Amount %
Rs Rs Rs Rs Rs -Down Rs
--------------------------------------------------------------------------------------------------------
US 59.73 59.68 59.88 59.68 03/1/2006 60.13 18/3/2006 + 0.150000 0.25
UK 102.900 103.130 104.510 103.130 03/1/2006 106.700 26/1/2006 + 1.610000 1.56
Japan 0.507500 0.508400 0.509900 0.502800 04/2/2006 0.524600 09/1/2006 + 0.002400 0.47
Euro 70.7100 70.8400 72.8200 52.0000 28/1/2006 73.4200 24/1/2006 + 2.110000 2.98
========================================================================================================

Copyright Business Recorder, 2006

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