Board of Directors’ profile (as on 31.12.2004)

+--------------+---+----+-------------+--------------------+-----------+
| Name         | A | Sh | Educational | Experience         | Family    |
|              | g | ar | Qu          |                    | relation  |
|              | e | es | alification |                    | among the |
|              |   | ho |             |                    | m         |
|              |   | ld |             |                    | anagement |
|              |   | %  |             |                    |           |
+--------------+---+----+-------------+--------------------+-----------+
| 1.Mr.Kumar   | 3 | -  | Chartered   | Director :         | Son of    |
| Mangalam     | 7 |    | Accountant, |                    | Mrs.      |
| Birla        |   |    | MBA (London | - Thai Rayon       | Rajashree |
|              |   |    | Business    | Public Co.,Ltd.    | Birla,    |
|              |   |    | School)     |                    | company   |
|              |   |    |             | - Thai Acrylic     | director  |
|              |   |    |             | Fibre Co.,Ltd.     |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Peroxide    |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Epoxy &     |           |
|              |   |    |             | Allied Products    |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Sulphites & |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Indo-Thai        |           |
|              |   |    |             | Synethetic         |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Century Textiles |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai             |           |
|              |   |    |             | Polyphosphate &    |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Organic     |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
+--------------+---+----+-------------+--------------------+-----------+

+--------------+---+----+-------------+--------------------+-----------+
| Name         | A | Sh | Educational | Experience         | Family    |
|              | g | ar | Qu          |                    | relation  |
|              | e | es | alification |                    | among the |
|              |   | ho |             |                    | m         |
|              |   | ld |             |                    | anagement |
|              |   | %  |             |                    |           |
+--------------+---+----+-------------+--------------------+-----------+
| 2.M          | 5 | -  | Bachelor    | Director :         | Mother of |
| rs.Rajashree | 9 |    | Degree      |                    | Mr. Kumar |
| Birla        |   |    |             | - Thai Rayon       | Mangalam  |
|              |   |    |             | Public Co.,Ltd.    | Birla,    |
|              |   |    |             |                    | company   |
|              |   |    |             | - Thai Acrylic     | chairman  |
|              |   |    |             | Fibre Co.,Ltd.     |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Peroxide    |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Epoxy &     |           |
|              |   |    |             | Allied Products    |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Sulphites & |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Indo-Thai        |           |
|              |   |    |             | Synethetic         |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Century Textiles |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai             |           |
|              |   |    |             | Polyphosphate &    |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Organic     |           |
|              |   |    |             | Chemicals Co.,Ltd  |           |
+--------------+---+----+-------------+--------------------+-----------+

+--------------+---+----+-------------+--------------------+-----------+
| Name         | A | Sh | Educational | Experience         | Family    |
|              | g | ar | Qu          |                    | relation  |
|              | e | es | alification |                    | among the |
|              |   | ho |             |                    | m         |
|              |   | ld |             |                    | anagement |
|              |   | %  |             |                    |           |
+--------------+---+----+-------------+--------------------+-----------+
| 3.Mr.S.      | 7 | 0  | - B Com,    | Director :         | Nil.      |
| S.Mahansaria | 0 | .0 | Chartered   |                    |           |
|              |   | 01 | Accountant  | - Thai Rayon       |           |
|              |   |    |             | Public Co.,Ltd.    |           |
|              |   |    | - Attended  |                    |           |
|              |   |    | Directors   | - Thai Acrylic     |           |
|              |   |    | Ce          | Fibre Co.,Ltd.     |           |
|              |   |    | rtification |                    |           |
|              |   |    | Program     | - Century Textiles |           |
|              |   |    | (DCP        | Co.,Ltd.           |           |
|              |   |    | 21/2002) of |                    |           |
|              |   |    | IOD         | - Thai Epoxy &     |           |
|              |   |    |             | Allied Products    |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Sulphites & |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Indo-Thai        |           |
|              |   |    |             | Synthetic Co.,Ltd. |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Peroxide    |           |
|              |   |    |             | Co.,Ltd.           |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai             |           |
|              |   |    |             | Polyphosphate &    |           |
|              |   |    |             | Chemicals Co.,Ltd. |           |
+--------------+---+----+-------------+--------------------+-----------+
| 4.Mr.R.K.    | 6 | -  | - Bachelor  | Director of Thai   | Nil.      |
| Rathi        | 4 |    | of Com.     | Rayon Public Co.,  |           |
|              |   |    | (Hons),     | Ltd.               |           |
|              |   |    | LL.B.       |                    |           |
|              |   |    |             |                    |           |
|              |   |    | - Master of |                    |           |
|              |   |    | Business    |                    |           |
|              |   |    | Adm         |                    |           |
|              |   |    | inistration |                    |           |
+--------------+---+----+-------------+--------------------+-----------+

+--------------+---+----+-------------+--------------------+-----------+
| Name         | A | Sh | Educational | Experience         | Family    |
|              | g | ar | Qu          |                    | relation  |
|              | e | es | alification |                    | among the |
|              |   | ho |             |                    | m         |
|              |   | ld |             |                    | anagement |
|              |   | %  |             |                    |           |
+--------------+---+----+-------------+--------------------+-----------+
| 5.Mr.Prakit  | 6 | 0  | - Bachelor  | Chairman of the    | Nil.      |
| Pradipasen   | 3 | .0 | of science  | Board of :         |           |
|              |   | 05 | in Business |                    |           |
|              |   |    | Admi        | - Asian Marine     |           |
|              |   |    | nistration, | Service Plc..      |           |
|              |   |    | Silliman    |                    |           |
|              |   |    | U           | - Supalai Plc.     |           |
|              |   |    | niversity - |                    |           |
|              |   |    | Dumaguete,  | - Carpet           |           |
|              |   |    | hilli       | International      |           |
|              |   |    | ppines,1964 | (Thailand) Plc.    |           |
|              |   |    |             |                    |           |
|              |   |    | - Master of | - Tongkha Habour   |           |
|              |   |    | Business    | Plc.               |           |
|              |   |    | Ad          |                    |           |
|              |   |    | minstration |                    |           |
|              |   |    | Wayne State |                    |           |
|              |   |    | University, |                    |           |
|              |   |    | Detroit,    |                    |           |
|              |   |    | Michigan,   |                    |           |
|              |   |    | USA.,1966   |                    |           |
|              |   |    |             |                    |           |
|              |   |    | - Qualified |                    |           |
|              |   |    | Director    |                    |           |
|              |   |    | Ac          |                    |           |
|              |   |    | creditation |                    |           |
|              |   |    | Program     |                    |           |
|              |   |    | (DAP        |                    |           |
|              |   |    | 1/2203) of  |                    |           |
|              |   |    | IOD         |                    |           |
+--------------+---+----+-------------+--------------------+-----------+
| 6.Mr.Deepak  | 6 | 0. | - B.Sc.,    | Director:          | Nil.      |
| Mittal       | 1 | 06 | Chartered   |                    |           |
|              |   |    | Accountant, | - Thai Acrylic     |           |
|              |   |    | Cost & Work | Fibre Co.,Ltd      |           |
|              |   |    | Accountant  |                    |           |
|              |   |    |             | - Indo- Thai       |           |
|              |   |    | - Qualified | Synethetic Co.,Ltd |           |
|              |   |    | Directors   |                    |           |
|              |   |    | Ce          | - Century Textiles |           |
|              |   |    | rtification | Co.,Ltd.           |           |
|              |   |    | Program     |                    |           |
|              |   |    | (DCP        |                    |           |
|              |   |    | 21/2002)of  |                    |           |
|              |   |    | IOD         |                    |           |
+--------------+---+----+-------------+--------------------+-----------+

+--------------+---+----+-------------+--------------------+-----------+
| Name         | A | Sh | Educational | Experience         | Family    |
|              | g | ar | Qu          |                    | relation  |
|              | e | es | alification |                    | among the |
|              |   | ho |             |                    | m         |
|              |   | ld |             |                    | anagement |
|              |   | %  |             |                    |           |
+--------------+---+----+-------------+--------------------+-----------+
| 7.Mr         | 4 | -  | Mathayom    | Director           | Nil.      |
| .Rajinderpal | 8 |    | Suksa 6     |                    |           |
| Singh        |   |    |             | - Punjab           |           |
| Thakralbutra |   |    |             | Development        |           |
|              |   |    |             | Co.Ltd.            |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Punjab      |           |
|              |   |    |             | Co.,Ltd            |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Lotus Power Ltd  |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Altea Regency    |           |
|              |   |    |             | Park Bangkok Ltd   |           |
+--------------+---+----+-------------+--------------------+-----------+
| 8            | 6 | 0  | - College,  | Managing Director  | Nil.      |
| .Mrs.Rachani | 4 | .2 | (U.S.A)     |                    |           |
| Kajiji       |   |    |             | - Thevaraya        |           |
|              |   |    | - Qualified | Co.,Ltd            |           |
|              |   |    | Directors   |                    |           |
|              |   |    | Ce          | - Kores Thailand   |           |
|              |   |    | rtification | Limited            |           |
|              |   |    | Program     |                    |           |
|              |   |    | (DCP        | - Krungthep        |           |
|              |   |    | 21/2002) of | General Marketing  |           |
|              |   |    | IOD         |                    |           |
|              |   |    |             | - Banglaine        |           |
|              |   |    |             | Farming Company    |           |
|              |   |    |             |                    |           |
|              |   |    |             | Director :         |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Maskati          |           |
|              |   |    |             | Foundation         |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Rayon       |           |
|              |   |    |             | Public Co.,Ltd.    |           |
|              |   |    |             |                    |           |
|              |   |    |             | - Thai Acrylic     |           |
|              |   |    |             | Fibre Co.,Ltd      |           |
+--------------+---+----+-------------+--------------------+-----------+
| 9.Mr.Arvind  | 6 | -  | B.A. (Hons) | Managing Director  | Nil.      |
| K. Newar     | 0 |    | – Political | :                  |           |
|              |   |    | Science     |                    |           |
|              |   |    |             | Newar Group of     |           |
|              |   |    |             | Companies          |           |
+--------------+---+----+-------------+--------------------+-----------+
| 10.Mr.Sachin | 3 | -  | Bachelor    | Director of J.Gems | Nil.      |
| Jitendra     | 8 |    | Degree      | Co.,Ltd.           |           |
| Mehta        |   |    |             |                    |           |
+--------------+---+----+-------------+--------------------+-----------+

Profile of Management team (as on 31.12.2004)

+-------------+---+----+------------+----------------------+----------+
| Name        | A | Sh | E          | Experience           | Family   |
|             | g | ar | ducational |                      | relation |
|             | e | es | Qua        |                      | among    |
|             |   | ho | lification |                      | the      |
|             |   | ld |            |                      | ma       |
|             |   | %  |            |                      | nagement |
+-------------+---+----+------------+----------------------+----------+
| 1.Mr. S.    | 5 | Ni | B.E.       | - Director of        | Nil.     |
| Srinivasan  | 3 | l. | (          | Liaoning Birla       |          |
|             |   |    | Mechanical | Carbon               |          |
|             |   |    | Eng        | Co.,Ltd.,China       |          |
|             |   |    | ineering), |                      |          |
|             |   |    | MBA.       | - Chief Executive,   |          |
|             |   |    |            | Maxworth Homes       |          |
|             |   |    |            | Limited, India       |          |
+-------------+---+----+------------+----------------------+----------+
| 2.Mr. Rajiv | 4 | Ni | B.Com.,    | Senior Vice          | Nil.     |
| Gupta       | 8 | l. | MBA.       | President            |          |
|             |   |    |            |                      |          |
|             |   |    |            | - Hi-Tech Carbon,    |          |
|             |   |    |            | India                |          |
+-------------+---+----+------------+----------------------+----------+
| 3.Mr. H.S.  | 4 | Ni | B.E.       | Engineering Manager  | Nil.     |
| Vyas        | 8 | l. | (Inst. &   |                      |          |
|             |   |    | Control)   | - Thai Sulphites &   |          |
|             |   |    |            | Chemicals Co., Ltd., |          |
|             |   |    |            | Thailand             |          |
+-------------+---+----+------------+----------------------+----------+
| 4.Mr. P.K.  | 4 | Ni | B. Com.    | Internal auditor     | Nil.     |
| Sipani      | 1 | l. | (Hons),    |                      |          |
|             |   |    | Chartered  | – Grasim Industries  |          |
|             |   |    | Accountant | Limited, India       |          |
+-------------+---+----+------------+----------------------+----------+
| 5.Mr. Bipul | 5 | Ni | B.Tech     | Vice President       | Nil.     |
| Sinha       | 0 | l. | (Chem),    |                      |          |
|             |   |    | M.A.I.     | - Hi-Tech Carbon ,   |          |
|             |   |    | Ch.E.      | India                |          |
|             |   |    | (USA)      |                      |          |
+-------------+---+----+------------+----------------------+----------+
| 6.Mr. Atul  | 4 | Ni | B.E.       | Asst. Manager        | Nil.     |
| Badwe       | 1 | l. | (          | (Marketing),         |          |
|             |   |    | Industrial |                      |          |
|             |   |    | &          | - Bhansali           |          |
|             |   |    | Pr         | Engineering Polymers |          |
|             |   |    | oduction), | Limited, India       |          |
|             |   |    | MBA.       |                      |          |
+-------------+---+----+------------+----------------------+----------+
| 7.Mr. Pawan | 4 | Ni | B.Sc.,     | Finance Manager      | Nil.     |
| Jain        | 1 | l. | Chartered  |                      |          |
|             |   |    | A          | – Thai Epoxy &       |          |
|             |   |    | ccountant, | Allied Products Co., |          |
|             |   |    | MBA.       | Ltd., Thailand       |          |
+-------------+---+----+------------+----------------------+----------+