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NO.23: INDEX NUMBERS OF ORDINARY SHARE PRICES



------------------------------------------------------------------------------------------------
Year\month     BSE Sensitive Index        BSE National Index         NSE-50 Index
               (Base: 1978-79=100)        (Base: 1983-84=100)        (Base: Nov 3,1995=1000)
               ---------------------------------------------------------------------------------
                Average   High      Low    Average   High      Low    Average   High      Low
------------------------------------------------------------------------------------------------
       1           2        3        4        5        6        7        8        9       10
------------------------------------------------------------------------------------------------

1994-95         3974.91  4630.54  3233.31  1899.47  2176.48  1571.59  1203.06  1384.94   948.97
1995-96         3288.68  3598.37  2826.08  1525.93  1690.98  1303.82   962.64  1052.18   814.92

February 1996   3405.56  3581.00  3001.42  1559.41  1646.61  1366.78   996.32  1051.99   869.54
March           3327.33  3424.65  3226.02  1539.14  1573.86  1501.01   979.14  1002.91   947.09
April           3599.66  3869.87  3407.47  1649.60  1760.41  1567.04  1069.06  1145.11   994.80
May             3732.20  3845.48  3636.01  1701.15  1745.48  1657.68  1095.73  1137.86  1063.00
June            3906.72  4069.26  3792.75  1771.88  1842.50  1719.23  1145.41  1196.00  1105.64
July            3668.21  3807.60  3448.33  1676.60  1726.66  1581.47  1086.54  1126.00  1015.00
August          3449.17  3543.44  3281.49  1575.49  1620.29  1514.01  1019.67  1049.00   976.00
September       3390.11  3562.98  3239.48  1522.67  1595.85  1449.84   990.52  1037.00   943.96
October         3159.79  3341.86  3002.86  1409.83  1480.00  1345.40   908.82   951.29   873.90
November        3044.28  3171.59  2871.02  1356.40  1405.16  1278.21   872.82   906.68   825.47
December        2918.68  3110.19  2745.06  1290.21  1370.57  1217.09   839.46   911.80   788.15
January 1997    3410.30  3646.73  3225.24  1502.66  1608.74  1428.13   976.94  1041.80   927.05
February        3453.24  3651.91  3324.22  1504.97  1584.50  1459.32   992.70  1064.00   948.20
------------------------------------------------------------------------------------------------
                                                            Source : 1.The Stock Exchange, Mumbai.
                                                                   : 2.National Stock Exchange.

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