(1) Contingent Liablities Rs. Nil         (Previous Year Rs. Nil)
 
 (2) Estimated amount of contracts remaining to be executed on capital
 account and not provided for Net of Advance Rs. 6,95,000/- (Previous
 Year Rs. 6,95,000/-)
 
 (3) In the Opinion of the Board of Directors, the Current Assets, Loans
 and Advances have value on realisation in the ordinary course of
 business at least equal to the amount at which they are stated in the
 Balance Sheet.
 
 (4) Balances in various accounts are Subject to confirmation by
 respective Banks.
 
 (5) Payments to and provisions for employees include remuneration paid
 to. Directors Rs. 1,81,200/- (Previous year Rs. 1,81,200/-)
 
 (6) Earning per share :-
 
 (a) Basis and dilated earning per share in rupees (Rp. 0.05) (face
 value Rs. 10/- Per Share)
 
 (b) Loss after tax as per Profit and Loss Account (Rs. 2,40,888 )
 
 (c) Weighted average no. of Equity Shares outstanding 50,11,400
 
 Deferred Tax Assets relating to unabsorbed Depreciation has been
 recognised only to the extent to which it can be realised due to
 reversal of timing differences of Depreciation for an equivalent future
 taxable income.  Deferred Tax Assets relating to carry forwards losses,
 provision for non-performing Assets and others have not been
 recognised.
 
 (7) Additional information Pursuant to the Provisions of Part II of
 Schedule VI of the Companies Act, 1956. ( Figures in brackets relates
 to previous year).
 
 (I) The deatails regarding Capacities Production, Consumption of
 Rawmaterials, components, etc. are not given since the Company is not
 engaged in manufacturing activities.
 
 (II) Expenditure in Foreign Currency Nil (Nil)
 
 (III) Earnings in Foreign Currency Nil (Nil)
 
 (iv) Remittance in Foreign Currency Nil (Nil)
 
 (8) No Provision for taxation other than Fringe Benefit Tax for the
 year has been made in the accounts as in the opinion of the Company
 there would be no taxable income under the provisions of the Income Tax
 Act, 1961.
 
 (9) Previous year figures have been regrouped/rearranged wherever
 necessary, to make it comparable with that of current year.