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Hindustan Everest - Limited Review for the quarter ended Dec 31, 2007

Hindustan Everest Tools 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:

“Note No 4 regarding Non-provision for deferred tax and non-provision of diminution in value of investment for which amount as on December 31, 2007 has not been ascertained”.

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