During the second quarter ended 30 June 2008, the Company recorded a turnover of Rs 145.9 crores as against a turnover of Rs106.8 crores for the same quarter in the previous year. During the quarter under review, the total turnover of the Gases business segment was up about 24%, driven by strong growth in all the segments. Increased focus on current projects in the Projects Engineering Division led to a substantial growth in the turnover during the current quarter when compared to the period ended 30 June 2007.

The Division has also focused on construction of the 1800 tpd ASU at Bellary, which is scheduled to be commissioned by the fourth quarter of this year. Profit before tax from operations for the quarter under review stood at Rs 25.6 crores, a growth of 390% when compared to Rs 5.2 crores in the year ago period ended 30 June 2007. While the current quarter results reflect an increase in interest income of Rs 9.7 crores over the same quarter last year arising out of investing the surplus funds from the preferential issue, the year ago period was impacted by a shutdown of the 1290 tons per day plant in Jamshedpur. The net profits were also aided by strong trading performance during the quarter.

Commenting on the performance Mr. Srikumar Menon, Finance Director, BOC India Limited said, "The opportunities pursued in the new sectors have begun to show encouraging results. These have been ably complemented by the strong growth in our core businesses of gas sales, solutions and engineering." About The Linde Group: The Linde Group is a world leading gases and engineering company with more than 50,000 employees working in around 100 countries worldwide. In the 2007 financial year it achieved sales of EUR 12.3 billion. The strategy of The Linde Group is geared towards earnings-based and sustainable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment - in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development. For more information, see The Linde Group web site at www.linde.com

Source: Press release distribution via India PRwire

About BOC India Limited:

BOC India Limited (BOCI) is the leader in gas business in India since 1935. BOC India provides a onestop solution to every sphere of gas and gas related business as well as manufacture of cryogenic and non-cryogenic vessels and designing and commissioning of projects. BOC India has excelled through successfully blending of local innovation and adaptation with international expertise from The Group. Be it for food processing, medical, domestic or industrial use, BOC India provides tailor made solutions for its customers. While providing the best solutions to its customers, BOC India has always conformed to the strictest international standards of production and safety. For more information, please see BOC India Limited online at http://www.boc-india.com For further information please contact: Aparna Banerjee Paul Manager-Corporate Communications BOC India Limited Phone: +91 33 2401 4708, Extn: 308 Mobile: +91 97484 52925 Email: aparna.paul@boci.co.in

After considering the proposal of issuing 1:1 bonus shares and simultaneous stock split from Rs. 5 per share to Rs. 2 per share, the Board of Directors will make a suitable recommendation for approval at a shareholders meeting to be held subsequently.

Subject to the approval of the shareholders, the Company will issue an additional equity share for each share held by the shareholders, after capitalizing a part of its general reserves. At present, the Company's share capital is approximately 5% of its reserves and surplus. Simultaneously with the bonus issue, the Company will split the par value of shares from Rs. 5/- per share to Rs. 2/- per share. The stock split is also subject to the approval of the shareholders. Subsequent to the corporate actions mentioned above, a shareholder holding 1 share of Rs. 5/- will get 5 shares of Rs. 2/- each.

The Company currently has 14,892,797 shares outstanding. Following the bonus issue and the stock split, the number of shares will become 74,463,985. Record date for the bonus issue and stock split will be announced following the shareholders meeting.

KPIT Cummins announced its results for the 2 nd Quarter of FY07 on 19th October 2006. Net profit during the quarter increased by 61.98% over the previous year to Rs. 123.48 Million. Offshore revenues have grown by 101.61% over the previous year. Total revenues for the quarter have grown by 46.78% to Rs. 1140.26 Million.

Mr. Ravi Pandit, Chairman and Group CEO, KPIT Cummins said , "We are proposing an issue of bonus shares and a stock split to be considered by our Board of Directors. Considering the potential for growth in the immediate future, we believe this is an appropriate time to issue bonus shares. The stock split to Rs. 2 per share will also bring the denomination of our shares in line with that of the leading companies in India. Simultaneous issue of bonus and stock split will help us increase the liquidity of our stock and facilitate greater participation of the investing community."

Source: Press release distribution via India PRwire

KPIT Cummins Infosystems Ltd ( www.kpitcummins.com) is a global IT consulting and engineering partner of first choice for its customers across the globe. With a major presence in IT for Manufacturing, Advanced Technology Solutions ( Automotive and Semiconductor Solutions) and Diversified Financial Services verticals, the company has grown at a fast pace of above 65% CAGR over the past three years. KPIT Cummins endeavours to be a leader in 3 rd party solutions and services for Automotive Electronics & Semiconductor industries.

Citigroup-IMA recently identified KPIT Cummins among the top 100 transitioning medium enterprises in India (June'06). International Association of Outsourcing Professionals has ranked KPIT Cummins 8 th among the 35 rising stars in global outsourcing (Feb'06).