To,

Mr. Ashok Jindal,

Mr. Dinesh Badlani,

Dear Sirs,

I hereby give you notice under clause 5 of our Deed of Partnership dated ___ of my intention to retire from the Partnership subsisting between us as and from and immediately after the 31st day of March ___ being the end of the current financial year of the partnership.

Dated this ___day of ___2001

sd/-

Anil Shetty

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