INFORMATION AS REQUIRED UNDER SECTION 217(1)(e) READ WITH  
                      COMPANIES (DISCLOSURE OF PARTICULARS IN RESPECT OF 
                                                       BOARD OF DIRECTORS) RULES,1988 
 
III. FOREIGN EXCHANGE EARNINGS & OUTGO :
 

1.	Activities relating to exports, initiatives taken to increase exports, development of new export markets for products and services and export plans	Due to recession in the Western Countries export of VFY and TP has fallen down to the tune of 40% and 15% respectively as compared to the last year. Plan is to increase export by atleast 10% over last year by exploring new markets. (Rayon & TP Sections) Exports were made to 26 countries including Bangladesh, Vietnam, Middle East, Philipins, Pakistan during the year under reference and efforts are being made to explore new markets like Saudi Arabia, Latin American & African Countries for Truck and OTR tyres. The plan is to increase exports by atleast 20% over the last year exports. (Tyre Sections)
2.	Total Foreign Exchange used and earned
	Used	Rs. 53,854.33 lacs
	Earned (on F.O.B. realisation basis)	Rs. 25,416.71 lacs

			B. K. Birla		Chairman
Kolkata, 2nd May, 2009		S. K. Parik Director & Secretary	K. G. Maheshwari B. P. Bajoria P. K. Choksey G. B. Pande Amitabha Ghosh P. K. Mallik Manjushree Khaitan		Directors