Dear fellow Shareholders
 
 Thank, you, once again for responding to my appeal made last year to
 the shareholders regarding dematting their shares. The liquidity in the
 market has improved considerably, your shares are being traded
 continuously But still substantial numbers of shares remain undematted.
 
 The Shareholders are requested to direct their communications relating
 to share transfers and change of address to M/s Beetal financial &
 Computer Services Pvt. Ltd.
 
 However, the Companys Investor Service Department at 38th Milestone,
 NH-8, Behrampur Road, Gurgaon 122001, Haryana, continues to handle the
 exchange of old shares consequent to demerger of the Company in 2000.
 Shareholders who have not yet got their old shares exchanged for the
 new shares of the Company are requested to do so immediately.
 
 Looking forward to a very fruitful future.
 
 Anil Agarwal
 
 Gjurgaon, 29th September, 2007