1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on June 30, 2009.

2. Consolidated Annual results include results of the company and all its subsidiaries.

3. Since the segment wise capital employed figures are not practically possible to segregate segment wise capital employed is not reported.

4. Tax provision for income tax include fringe benefit tax provisions.

5. During the year, the group divested its stake in M/s. Team Frontline Ltd, Cochin and M/s Codex Co. Ltd, Japan.

5. Previous year´s figures have been regrouped or re-arranged wherever necessary to conform to current years classification.

Dr. P J George
Director