Parry Engineering becomes Parry Enterprises

Chennai, January 27, 2006: In keeping with the company's new activity profile, Parry Engineering & Enterprises Limited has received approval for change of its name to Parry Enterprises India Limited (PEIL). PEIL has under it the Tuflex India Division, the General Marketing Division and Parry Travels.

Tuflex India, which is in the polymer business with its factory in Vadodara, markets Insect Proofing nets under the Radium, Netlon, Polynex and Katch brands and shading nets under the Rakshak brand. Other products include Protective Sleeves, Packaging Nets, Fencing kits, Sericulture meshes and Geosynthetic products. The General Marketing Division is a supplier of key ingredients like Flavours, Food colour powders, Cocoa Powder, Industrial chocolates and Skimmed milk powder to the food processing industry. It has recently made a foray into Natural Fruit beverages and Green tea under the Unif Brand and has also launched Packaged drinking water in Bubble tops under the Parry brand. Parry Travels which is one of the oldest IATA accredited Travel agencies in Chennai has drawn up ambitious plans for becoming a leading full service travel solution provider for Corporate and Leisure travel and in the Packaged tours segment.

About Us
Parry Enterprises India Limited is part of the US $ 1.5 billion conglomerate Murugappa Group. The group is one of India's largest family promoted, professionally managed corporates with over 28,000 employees. A pioneer and market leader in several fields with over 40 manufacturing operations across 12 states in India, the Group has a strong presence in abrasives, engineering and cycles, bio-products, sanitaryware, plantations, sugar, farm Inputs, finance, general insurance, and nutraceuticals.

For further information, please contact:
Sajiv Menon
Vice President - PEIL
Tel: 98400 19519