GENE LABORATORIES LIMITED
NON RECEIPT OF FCY USD CHEQUE REMITANCE CERTIFICATE

December 13

To,

The Branch Manager

HDFC Bank

Kashmeri Gate Branch,

Delhi-110006

Ref.: CURRENT ACCOUNT NO. 3302320002158

NON RECEIPT OF INWARD REMITANCE CERTIFICATE

Dear Sir,

We have received the following US$ Cheques from Mr. Han Song U on behalf of M/s. KOREA RUNGRA 888 TRADING CORPORATION, SINWON-DONG, BOTOGGANG DISTRICT, PYONGYANG, DPR OF KOREA drawn on Deutsche Bank, 28 K.G. Marg, Co naught Palace Delhi-110 001. Payment against our Export proceeds. In this regard you are requested to kindly issue us a FIRC.

S.NO Ch. No. and Date of deposit US$ Date of Credit in our A/c

1 038402 dt.27.4.2007 4875.0 dt.31.5.2007

FIRC request letter Submitted dt.22.6.2007

2 038406 dt8.5.2007 5760.0 dt. 31.5.2007

FIRC request letter Submitted dt.22.6.2007

3 038409 dt.24.5.2007 3095.0 dt. 13.6.2007

FIRC request letter Submitted dt.22.6.2007

4 038410 dt.24.5.2007 7050.0 dt. 13.6.2007

FIRC request letter Submitted dt.22.6.2007

5 038411 dt.29.5.2007 5040.0 dt. 13.6.2007

FIRC request letter Submitted dt.22.6.2007

6 038414 dt.6.6.2007 4460.0 dt. 2.7.2007

FIRC request letter Submitted dt.24.7.2007

7 038420 dt.2.06.2007 3200.0 dt. 19.7.2007

FIRC request letter Submitted dt.24.7.2007

8 038424 dt.29.06.2007 3135.0 dt. 7.7.2007

FIRC request letter Submitted dt.24.7.2007

9 038440 dt. 30.08.2007 3600.0 dt. 6.9.2007

FIRC request letter Submitted dt.24.7.2007

TOTAL 40215.00