FORM B

Format of covering letter of the annual audit report to be filed with the Stock Exchange.

1. 2.

3.

4.

5.

6.

7.

Name of Company Annual financial statements for the year ended Type of A ud it Quali fication

Freq uency 0 f Qual i ficatio n

Draw attention to relevant notes in the annual financial statements and management response to the qualification In the director's report Additional comments from the board/audit committee chair. To be signed by­

• CEO/Managing Director

• CFO

• Auditor of the company

• Audit Committee Chairman

Prism Informatics Limited 31 SI March, 2013 (Standalone basis)

The financial statements for Fy 2012­13 give the true and fair report except I)In case of receivables balances of Rs. 9,60,43,942 which is subject to confirmation and reconciliation (if any), 2)Unsecured loan of Rs. 6,02,57,535 from Megh leasing and Finance Ltd. Which is subject to confirmation and reconciliation (if any), 3) Unbilled revenue Rs. 59,58,968 which has been as certi fied by the management, In conformity with the accounting principles generally accepted in India. 4)Internal control system, in respect of service income needs to be strengthen ed.

1) Appeared First time. 2) Appeared for First time 3) Appeared for Second time 4) Appeared for First time

Qualification with respect to Long Term Borrowings, note number 6. Of standalone financials. Pg. No. 54 of annual Report.

NA

/. r« . S~

FORM B

Format of covering letter of the annual audit report to be filed with the Stock Exchange.

1. 2.

3.

4.

5.

6.

7.

Name of Company Annual financial statements for the year ended Type of Audit Qualification

Frequency of Qualification

Draw attention to relevant notes in the annual financial statements and management response to the qualification In the director's report Additional comments from the board/audit committee chair. To be signed by­

• CEO/Managing Director

Prism Informatics Limited 31 SI March, 2013 (Consolidated basis)

The financial statements for Fy 2012­13 give the true and fair report except 1)In case of receivables balances of Rs. 11, 39,74,317 , receivable balances in case of India Rs. 9,60,43,942 is su bj ect to co n firma tion and reconciliation (if any), 2) Unsecured loan of Rs. 6,02,57,535 from Megh leasing and Finance Ltd. ]s subject to confirmation and reconciliation (i f any), 3)Unbilled revenue Rs. 59,58,968 which has been as certified by the management, In conformity with the accounting principles generally accepted in India. I)Appeared for First time. 2) Appeared for First time 3) Appeared for Second time Qual i fication wi th respect to Lo ng Term Borrowings, note number 2.4. Of standalone financials. Pg. No. 86 of annual Report.

NA

• CFO

• Auditor of the company

• Audit Committee Chairman

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