Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (July 04 to 09, 2005).

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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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         02.7.2005                             LAST WEEK RATES

         Previous

         Week     04.7.2005     09 7.2005                                 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       59.80     59.83     59.72     59.72    9/7/2005      59.83      4/7/2005   -  0.080000   -0.13

U.K     105.730   105.270   103.810   103.810    9/7/2005    105.300      5/7/2005   -  1.920000   -1.82

Japan  0.535000  0.535800  0.531900  0.531800    8/7/2005   0.535900      5/7/2005   -  0.003100   -0.58

Euro    71.6300   71.2600   71.5300   71.2000    6/7/2005    71.5300      9/7/2005   -  0.100000   -0.14

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                                        T T CLEAN BUYING

                          AUTHORIZED DEALERS RATES PER ONE UNIT OF CURRENCY

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         02.7.2005                             LAST WEEK RATES

         Previous

         Week     04.7.2005     09.7.2005                                 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       59.60     59.63     59.52     59.52     9/7/2005     59.63    4/7/2005     -   0.080000  -0.13

U.K     105.380   104.920   103.460   103.460     9/7/2005   104.950    5/7/2005     -   1.920000  -1.82

Japan  0.533200  0.534100  0.530100  0.530100     8/7/2005  0.534100    4/7/2005     -   0.003100  -0.58

Euro    71.1200   71.0200   71.2900   70.9600     6/7/2005   71.2900    9/7/2005     +   0.170000   0.24

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