Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (January 02 to 31, 2008)

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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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        31.12.2007                          LAST MONTH RATES

        Previous

        Month   02.01.2008   31.01.2008                                    FLUCTUATIONS IN CLOSING RATES

        Closing   Opening      Closing      Highest               Lowest             Over Previous Month

        Rate                           Rate       Date      Rate         Date    +Up      Amount       %

        Rs          Rs        Rs        Rs                    Rs                -Down       Rs

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US        61.35     61.60     62.50     61.60   02/1/2008      62.70   12/1/2008   +    1.150000    1.87

UK      122.590   122.300   123.980   120.850   22/1/2008    124.340   30/1/2008   +    1.390000    1.13

Japan  0.547900  0.551100  0.587400  0.551100   02/1/2008   0.587400   31/1/2008   +    0.039500    7.21

Euro    90.4700   90.0900   92.7600   89.8100   22/1/2008    92.8500   15/1/2008   +    2.290000    2.53

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                                       T T & O D SELLING

                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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        31.12.2007                          LAST MONTH RATES

        Previous

        Month   02.01.2008   31.01.2008                                    FLUCTUATIONS IN CLOSING RATES

        Closing   Opening      Closing      Highest               Lowest             Over Previous Month

        Closing   Opening      Closing      Highest               Lowest             Over Previous Month

        Rate                           Rate       Date      Rate         Date    +Up      Amount       %

        Rs          Rs        Rs        Rs                    Rs                -Down       Rs

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US        61.55     61.80     62.70     61.80   02/1/2008      62.90   12/1/2008    +   1.150000    1.87

UK      122.990   122.690   124.370   121.230   22/1/2008    124.740   30/1/2008    +   1.380000    1.12

Japan  0.549700  0.552800  0.589300  0.552800   02/1/2008   0.589300   31/1/2008    +   0.039600    7.20

Euro    90.7700   90.3800   93.0600   90.1000   22/1/2008    93.1500   15/1/2008    +   2.290000    2.52

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