Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (April 02 to June 30, 2007)

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                                       T T CLEAN BUYING

                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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                                                                           + Appreciation - Depreciation

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        31.03.2007                          LAST QUARTER RATES

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        Quarter  02.04.2007  30.06.2007                                    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

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US        60.63     60.65     60.40     60.40  30/6/2007     60.75   11/4/2007    -    0.230000    -0.38

UK      119.290   119.350   121.300   119.170  09/4/2007   121.690   18/4/2007    +    2.010000     1.68

Japan  0.514700  0.514400  0.490400  0.481600  27/6/2007  0.514400   02/4/2007    -    0.024300    -4.72

Euro    80.9800   80.9600   81.7900   80.5200  13/6/2007   82.7000   26/4/2007    +    0.810000     1.00

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                                       T T & O D SELLING

                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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        31.03.2007                          LAST QUARTER RATES

        Previous

        Quarter  02.04.2007  30.06.2007                                    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

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US        60.83      60.83      60.60      60.60  30/6/2007     60.95   11/4/2007   -   0.230000   -0.38

UK      119.680    119.700    121.700    119.550  09/4/2007   122.090   18/4/2007   +   2.020000    1.69

Japan  0.516400   0.515900   0.492000   0.490000  25/6/2007  0.515900   02/4/2007   -   0.024400   -4.73

Euro    81.2400    81.2000    82.0600    80.7900  13/6/2007   82.9800   26/4/2007   +   0.820000    1.01

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