Almondz Global - Limited Review for the quarter ended Sep 30, 2007

Almondz Global Securities Ltd has informed that in the limited review report of the Company for the quarter ended September 30, 2007, the Auditors of the Company have made the following observations:

1. Consequent to the re-identification of the segment and in view of the Auditors limited scope of review, the Auditors are not in a position to state its financial impact on the published results.

In view of such re-identification of segments, the segment results for the quarter ended September 30, 2007 are not comparable with corresponding figures for the quarter ended September 30, 2006, half year ended September 30, 2006 and for the year ended March 03, 2007.

2. Some of the expenses e.g. estimated income tax liability, depreciation and provisions for employees retirement benefits has been appropriately considered on proportionate basis.