Numeric Power - Limited Review For The Quarter Ended Dec 31, 2006

Numeric Power Systems Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2006, the Auditors of the Company have made the following observations:1. Management has in informed that the Company continues to adopt same accounting policies and positions in respect of the following matters referred to in the auditors report dated May 29, 2006 issued on the financial statements prepared for the year ended March 31, 2006:2. Without considering the Auditors observations vide paragraph 1(a) above, whose impact on the Companys profit is presently unascertainable, had the impact vide paragraph 1(b) above been considered, the profit for the three months ended December 31, 2006 would have been Rs 54.3 million as against the reported net profit of Rs 62.5 million.