Following currency fluctuations took place in foreign exchange rates during the last quarter. (July 2 to September 30, 2005).
========================================================================================================
T T & O D SELLING
AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
--------------------------------------------------------------------------------------------------------
+ Appreciation - Depreciation
========================================================================================================
30.06.2005 LAST QUARTER RATES
Previous
Quarter 02.07.2005 30.09.2005 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 59.88 59.80 59.85 59.72 9/7/2005 59.99 16/9/2005 - 0.030000 -0.05
UK 108.240 105.730 105.490 103.770 25/7/2005 110.590 5/9/2005 - 2.750000 -2.54
Japan 0.543300 0.535000 0.529700 0.528400 20/7/2005 0.548100 5/9/2005 - 0.013600 -2.50
Euro 72.4100 71.6300 72.1300 71.2000 6/7/2005 75.3400 6/8/2005 - 0.280000 -0.39
========================================================================================================
T T CLEAN BUYING
AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
========================================================================================================
30.06.2005 LAST QUARTER RATES
Previous
Quarter 02.07.2005 30.09.2005 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 59.68 59.60 59.65 56.55 28/7/2005 59.85 13/9/2005 - 0.030000 -0.05
UK 107.870 105.380 105.130 103.420 27/7/2005 110.220 5/9/2005 - 2.740000 -2.54
Japan 0.541400 0.533200 0.527900 0.526600 20/7/2005 0.546200 5/9/2005 - 0.013500 -2.49
Euro 72.1700 71.1200 71.8900 70.9600 6/7/2005 75.0900 6/8/2005 - 0.280000 -0.39
========================================================================================================