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Following currency fluctuations took place in foreign exchange rates during the last quarter. (October 01 to December 31, 2007)



========================================================================================================
T T CLEAN BUYING
AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
--------------------------------------------------------------------------------------------------------
+ Appreciation - Depreciation
========================================================================================================
29.09.2007 LAST QUARTER RATES
Previous
Quarter 01.10.2007 31.12.2007 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
--------------------------------------------------------------------------------------------------------
US 60.60 60.63 61.35 60.50 23/10/2007 62.60 06/10/2007 + 0.750000 1.24
UK 124.050 123.930 122.590 120.590 24/12/2007 127.740 08/11/2007 - 1.460000 -1.18
Japan 0.525800 0.527000 0.547900 0.515700 12/10/2007 0.565100 23/11/2007 + 0.022100 4.20
Euro 85.9800 86.4700 90.4700 85.0200 09/10/2007 91.1500 27/11/2007 + 4.490000 5.22
========================================================================================================
T T & O D SELLING
AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
========================================================================================================
29.09.2007 LAST QUARTER RATES
Previous
Quarter 01.10.2007 31.12.2007 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
--------------------------------------------------------------------------------------------------------
US 60.80 60.83 61.55 60.35 10/12/2007 61.97 18/12/2007 + 0.750000 1.23
UK 124.450 124.540 122.990 120.980 24/12/2007 128.160 08/11/2007 - 1.460000 -1.17
Japan 0.527500 0.530200 0.549700 0.517400 12/10/2007 0.566900 23/11/2007 + 0.022200 4.21
Euro 86.2700 86.8600 90.7700 85.3000 09/10/2007 91.4500 27/11/2007 + 4.500000 5.22
========================================================================================================

Copyright Business Recorder, 2008

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