Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (July 2003 to September 29, 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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        30.06.2007                          LAST QUARTER RATES

        Previous

        Quarter  03.07.2007  29.09.2007                                    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        60.40     60.28     60.60     60.25   13/7/2007     60.70    28/8/2007   +   0.200000     0.33

UK      121.300   121.610   124.050   119.370   17/8/2007   124.450    24/7/2007   +   2.750000     2.27

Japan  0.490400  0.491400  0.525800  0.487600   09/7/2007   0.535900   10/9/2007   +   0.035400     7.22

Euro    81.7900   82.1300   85.9800   80.8200   16/8/2007    85.9800   29/9/2007   +   4.190000     5.12

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                                       T T & O D SELLING

                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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        30.06.2007                          LAST QUARTER RATES

        Previous

        Quarter  03.07.2007  29.09.2007                                    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        60.60      60.48      60.80      60.45  13/7/2007     60.90   28/8/2007   +   0.200000    0.33

UK      121.700    122.020    124.450    119.770  17/8/2007   124.860   24/7/2007   +   2.750000    2.26

Japan  0.492000   0.494300   0.527500   0.489300  09/7/2007  0.537700   10/9/2007   +   0.035500    7.22

Euro    82.0600    82.4000    86.2700    81.0900  16/8/2007   86.2700   29/9/2007   +   4.210000    5.13

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