M/S SNB Associates,

Chartered Accountants,
12, Gemini Parsn Complex (III Floor)
121, Mount Road,
Nungambakkam,
Chennai - 600 034

Dear Sirs,

This representation letter is provided in connection with your audit of the

financial statements of TRIF Constructions Private Limited (the company) for
the year ended 31st March 2010, for the purpose of expressing an opinion as
to whether the financial statements give a true and fair view of the financial
position of the company as of 31st March 2010 and of the results of
operations for the year then ended.

We acknowledge our responsibility for preparation of financial statements in

accordance with the requirements of the Companies Act, 1956 and
recognised accounting policies and practices, including the Accounting
Standards issued by the Institute of Chartered Accountants of India.

We confirm, to the best of our knowledge and belief, the following

representations:

ACCOUNTING POLICIES

The accounting policies, which are material or critical in determining the

results of operations for the year or financial position are set out in the
financial statements and are consistent with those adopted in the financial
statements for the previous year. The financial statements are prepared on
accrual basis.

1. ASSETS

We confirm that the company has a satisfactory title to all assets and
there are no liens or encumbrances on the company's assets

2. FIXED ASSETS

We confirm that the Company has no fixed assets

3. INVESTMENTS

We confirm that the Company has no long term or short term investments

TRIF CONSTRUCTIONS PRIVATE LIMITED

THAPAR HOUSE 124 JANAPTH NEW DELHI 110 001

TEL 91 11 6622 2666 FAX 91 11 2334 1585
INVENTORIES

The company has no stock of inventories since the company has not
commenced any activity

4. DEBTORS, LOANS & ADVANCES

Since the company has not commenced any activity, there are no debtors.
Further the company has not given any loan or advance during the year.

5. CASH AND BANK BALANCES

Cash in hand as on 31st March 2010 is NIL.

Bank Balances:
The company has only one bank account with HDFC Bank. The bank book
balance as on 31st March 2010 is Rs 12,403/- which is reconciled with the
bank statement.

6. LIABILITIES

We have recorded all known liabilities in the financial statements.

a. We have disclosed in notes to the financial statements all guarantees

that we have given to third parties and all other contingent liabilities.

b. There are no guarantees issued to financial institutions or banks or to

third parties for loans taken by other parties up to the year end which are
yet to be recorded.

c. All liabilities in the nature of Contingent liabilities including pending

legal cases have been disclosed in the notes to the financial statements
and these do not include any contingencies which are likely to result in a
loss and which, therefore, require adjustment of assets or liabilities.

7. SECURED/UNSECURED LOAN

No loans secured / unsecured have been taken by the company during the
year inter corporate deposit amounting to Rs 50,000/- for which
confirmation has been received from the lender.

8. AMOUNT DUE TO MSMES

We confirm that the Identification of Micro, Small and Medium Enterprises

Suppliers as defined under “The Micro Small and Medium Enterprises
Development
TRIF CONSTRUCTIONS PRIVATE LIMITED

THAPAR HOUSE 124 JANAPTH NEW DELHI 110 001

TEL 91 11 6622 2666 FAX 91 11 2334 1585
 Act 2006” is based on Information available with us and we certify that
the amounts overdue as on 31st March 2010 to Micro, Small and Medium
Enterprises on account of principal amount together with interest,
aggregate to Rs. Nil.

9. PROVISIONS FOR CLAIMS & LOSSES

Provision has been made in the accounts for all known losses and claims
of material amounts.

There have been no events subsequent to the balance sheet date, which
require adjustment of, or disclosure in, the financial statements or notes
thereto.

STATUTORY DUES

We confirm that there are no statutory dues under dispute (Income tax /
sales tax / VAT/ Service tax / Central Sales tax)

We confirm that there are no undisputed statutory dues that have

remained outstanding for a period of more than six months from the date
they became payable.

10. PROFIT AND LOSS ACCOUNT

Except as disclosed in the financial statements, the results for the year
were not materially affected by:
a. transactions of a nature not usually undertaken by the company;
b. circumstances of an exceptional or non-recurring nature;
c. charges or credits relating to prior years;
d. changes in accounting policies.
e. short accounting of accrued expenses.

11. GENERAL

a. There have been no irregularities involving management or employees

who have a significant role in the system of internal control that could
have a material effect on the financial statements.

b. The financial statements are free of material misstatements, including

omissions.

c. The company has complied with all aspects of contractual agreements

that could have a material effect on the financial statements in the event
of non-compliance. There has been no non-compliance with requirements
of regulatory authorities that could have a material effect on the financial
statements in the event of non-compliance.

TRIF CONSTRUCTIONS PRIVATE LIMITED

THAPAR HOUSE 124 JANAPTH NEW DELHI 110 001

TEL 91 11 6622 2666 FAX 91 11 2334 1585
 d. We have no plans or intentions that may materially affect the carrying
value or classification of assets and liabilities reflected in the financial
statements.

12.We confirm the completeness of the following transactions entered in

the register maintained under section 301 of the companies Act, 1956:

Parties covered under Transactions during the Rs.

sec.301 year
Tata Reality and Infrastructure Inter corporate deposit recd & Rs
Ltd paid 40,000/-
Interest Rs 1,357/-
Tata Advance Systems Ltd Inter corporate deposit recd Rs
50,000/-

For and on behalf of

TRIF Constructions Private Ltd

Directors

Place: Mumbai
Date:

TRIF CONSTRUCTIONS PRIVATE LIMITED

THAPAR HOUSE 124 JANAPTH NEW DELHI 110 001

TEL 91 11 6622 2666 FAX 91 11 2334 1585