EPS is Basic

1. The above Results were taken on record by the Board of Directors of the Company in its meeting held on April 11, 2007.

2. Figures of the previous year/ period have been regrouped / reclassified wherever necessary.

3. The Statutory Auditors have carried out an audit of the Results for the quarter and year ended March 31, 2007. The auditor´s report contain no qualifications.

4. The Board of Directors have proposed a dividend of Rs 2.40 per equity share.

5. Increase in Paid up Share Capital is on account of ESOP allotments of 239,623 shares of Rs.4/- each during the quarter.

Phaneesh Murthy
CEO & Managing Director