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United Credit - Limited Review for the quarter ended Dec 31, 2007

United Credit Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:

“The Auditors draw the attention to Note 2 to the Statement regarding non-ascertainment and non-provision of non-performing assets in pursuance to prudential norms prescribed by the Reserve Bank of India and deferred taxation, which will be made at the year end”.

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