May 5, 2008

Notice to Stock Exchange

The Secretary
Bombay Stock Exchange Ltd.
National Stock Exchange
New York Stock Exchange Inc.

Dear Sir,

Pursuant to Clause 41 of the Listing Agreement entered into with the Stock Exchanges, we hereby intimate you that the Meeting of the Board of Directors of the Company will be held on Tuesday, May 20, 2008 at Hyderabad to, interalia, consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2008 and recommend the payment of dividend for the financial year 2007-08.

Kindly take the above information on record.

With regards,

V Viswanath
Company Secretary