Following currency fluctuations took place in foreign exchange rates during the last week. (February 27 to March 04, 2006).

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                                       T T & O D SELLING
                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
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                                                                           + Appreciation - Depreciation
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          25.02.2006                            LAST WEEK RATES
          Previous
          Week    27.02.2006   04.03.2006                                  FLUCTUATIONS IN CLOSING RATES
          Closing  Opening      Closing     Highest                 Lowest            Over Previous Week
          Rate                          Rate        Date       Rate       Date     +Up     Amount      %
           Rs          Rs        Rs      Rs                     Rs               - Down      Rs
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U.S       60.00     59.98     60.08     59.98    27/2/2006     60.08    2/3/2006   +    0.080000    0.13
U.K     104.840   104.800   105.490   104.410    28/2/2006   105.490    4/3/2006   +    0.650000    0.62
Japan  0.513300  0.513100  0.516200  0.513100    27/2/2006  0.519100    1/3/2006   +    0.002900    0.56
Euro    71.2500   71.2200   72.3800   71.1500    28/2/2006   72.3800    4/3/2006   +    1.130000    1.59
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                                       T T CLEAN BUYING
                         AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY
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          25.02.2006                            LAST WEEK RATES
          Previous
          Week    27.02.2006   04.03.2006                                  FLUCTUATIONS IN CLOSING RATES
          Closing  Opening      Closing     Highest                 Lowest            Over Previous Week
          Closing  Opening    Closing      Highest                 Lowest             Over Previous Week
          Rate                          Rate        Date       Rate       Date     +Up     Amount      %
           Rs          Rs        Rs      Rs                     Rs               - Down      Rs
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U.S       59.80     59.78     59.88     59.78   27/2/2006     59.88     2/3/2006   +    0.080000    0.13
U.K     104.490   104.450   105.140   104.060   28/2/2006   105.140     4/3/2006   +    0.650000    0.62
Japan  0.511600  0.511400  0.514500  0.511400   27/2/2006  0.517400     1/3/2006   +    0.002900    0.57
Euro    71.0100   70.9900   72.1400   70.9100   28/2/2006   72.1400     4/3/2006   +    1.130000    1.59
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