Part 3

Certification of Information Accuracy

  We have reviewed the information contained in the Annual Information
  Disclosure Form and, with carefulness in our capacity of the Company’s
  Executive Directors or as top executives in charge of accounting,
  hereby certify that the information is correct, complete and true and
  does not cause any misunderstanding or concealment. We further certify
  that

(1) The financial statements and financial information that are integral
parts of the Form provide correct and complete information in material
aspect pertaining to the financial position, operating results and cash
flow of the Company and its subsidiaries.

(2) We are responsible for having the Company put in place a reliable
disclosure system to ensure the Company has correctly and completely
disclosed material information of the Company and its subsidiaries and
has complied with the disclosure regulations.

(3) We are responsible for having the Company put in place a good
internal control system and ensuring its compliance with this system. We
have duly reported to our external auditor and Audit Committee the
internal control assessment as of May 30, 2006 which also involved the
significant errors and changes in our internal control system as well as
any misconduct that may affect the financial transactions of the Company
and its subsidiaries.

  As evidence of our making of certification of information accuracy, we
  have authorized Mr. Manish Gupta to initial all the pages of this
  document. Any information without Mr. Manish Gupta’s signature will be
  treated as non-certified information.

  --- ------------------- ------------------------ -----------------------
      Name                Position                 Signature

      Mr. Sanjiv Saraf    Managing Director        
  --- ------------------- ------------------------ -----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+

Certification of Information Accuracy

We have reviewed the information contained in the Annual Information
Disclosure Form, and with carefulness in our capacity of the Company’s
Directors, have no grounds for believing that the information is
incorrect, incomplete and false or causes any misunderstanding or
represents any concealment.

As evidence of our making of certification of information accuracy, we
have authorized Mr. Manish Gupta to initial all the pages of this
document. Any information without Mr. Manish Gupta’s signature will be
treated as non-certified information.

  -- -------------------- ------------------------- ----------------------
     Name                 Position                  Signature

     Mr. Manu Leopairote  Board Chairman and Audit  
                          Committee Chairman        
  -- -------------------- ------------------------- ----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+

Certification of Information Accuracy

We have reviewed the information contained in the Annual Information
Disclosure Form, and with carefulness in our capacity of the Company’s
Directors, have no grounds for believing that the information is
incorrect, incomplete and false or causes any misunderstanding or
represents any concealment.

As evidence of our making of certification of information accuracy, we
have authorized Mr. Manish Gupta to initial all the pages of this
document. Any information without Mr. Manish Gupta’s signature will be
treated as non-certified information.

  -- -------------------- ------------------------- ----------------------
     Name                 Position                  Signature

     Mr. Pranay Kothari   Director                  
  -- -------------------- ------------------------- ----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+

Certification of Information Accuracy

We have reviewed the information contained in the Annual Information
Disclosure Form, and with carefulness in our capacity of the Company’s
Directors, have no grounds for believing that the information is
incorrect, incomplete and false or causes any misunderstanding or
represents any concealment.

As evidence of our making of certification of information accuracy, we
have authorized Mr. Manish Gupta to initial all the pages of this
document. Any information without Mr. Manish Gupta’s signature will be
treated as non-certified information.

  -- -------------------- ------------------------- ----------------------
     Name                 Position                  Signature

     Mr. Ranjit Singh     Director                  
  -- -------------------- ------------------------- ----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+

Certification of Information Accuracy

We have reviewed the information contained in the Annual Information
Disclosure Form, and with carefulness in our capacity of the Company’s
Directors, have no grounds for believing that the information is
incorrect, incomplete and false or causes any misunderstanding or
represents any concealment.

As evidence of our making of certification of information accuracy, we
have authorized Mr. Manish Gupta to initial all the pages of this
document. Any information without Mr. Manish Gupta’s signature will be
treated as non-certified information.

  -- -------------------- ------------------------- ----------------------
     Name                 Position                  Signature

     Mr. Praphad          Director                  
     Phodhivorakhun                                 
  -- -------------------- ------------------------- ----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+

Certification of Information Accuracy

We have reviewed the information contained in the Annual Information
Disclosure Form, and with carefulness in our capacity of the Company’s
Directors, have no grounds for believing that the information is
incorrect, incomplete and false or causes any misunderstanding or
represents any concealment.

As evidence of our making of certification of information accuracy, we
have authorized Mr. Manish Gupta to initial all the pages of this
document. Any information without Mr. Manish Gupta’s signature will be
treated as non-certified information.

  -- -------------------- ------------------------- ----------------------
     Name                 Position                  Signature

     Mr. Virabongsa       Audit Committee Member    
     Ramangkura                                     
  -- -------------------- ------------------------- ----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+

Certification of Information Accuracy

We have reviewed the information contained in the Annual Information
Disclosure Form, and with carefulness in our capacity of the Company’s
Directors, have no grounds for believing that the information is
incorrect, incomplete and false or causes any misunderstanding or
represents any concealment.

As evidence of our making of certification of information accuracy, we
have authorized Mr. Manish Gupta to initial all the pages of this
document. Any information without Mr. Manish Gupta’s signature will be
treated as non-certified information.

  -- -------------------- ------------------------- ----------------------
     Name                 Position                  Signature

     Mr. Shiraz Erach     Audit Committee Member    
     Poonevala                                      
  -- -------------------- ------------------------- ----------------------

+---+-------------------+-----------------------+-----------------------+
|   |                   | Authorized Person     |                       |
+---+-------------------+-----------------------+-----------------------+
|   | Name              | Position              | Signature             |
+---+-------------------+-----------------------+-----------------------+
|   | Mr. Manish Gupta  | Director and General  |                       |
|   |                   | Manager (Commercial)  |                       |
+---+-------------------+-----------------------+-----------------------+