KATHMANDU, Feb 7 - Chairman of Communist Party of Nepal (Maoist) Prachanda alias Puspa Kamal Dahal has said his party is ready to hold talks with the present government, if the latter announces ceasefire with good intention of resolving the crisis. Prachanda said this during an exclusive interview with Kantipur daily and its sister publication The Kathmandu Post, taken in an undisclosed location and published today. He was flanked by the party's ideologue Dr Baburam Bhattarai, who also supplemented his chairman here and there during the two-hour long interview. The underground Supremo of the party that has been waging insurgency since 1996, which has already cost over 13000 lives, admitted his party's faults and weaknesses and also offered an olive branch, though indirectly, to the government for peace. However, he did not miss mentioning how his party's movement has changed society positively and phenomenally. Both Prachanda and Bhattarai said that there was an opportunity for resolving the crisis if the king had shown magnanimity after February 1, 2005 takeover. According to the Maoist leaders, the king should have said, "Okay I have come, let's solve the problems together." However, he started saying, said the rebel leaders "I won't give you the rights that you have enjoyed so far." Throughout the interview, Prachanda tried to convince that the 12-point understanding reached with political parties would be upheld by his party, and that was the way to go about to bring lasting peace in the country. He also said that his party would respect the result of the constituent assembly, whatever it may be. "We will accept the verdict even if the people say they want monarchy," he said. However, he expressed the belief this would not happen. Similarly, he also believes that given the international balance of power, overall economic, political, and social realities, his party cannot attain maximum goal of socialism and communism. "We must accept this ground reality. We have said democratic republic and constituent assembly, with the understanding that we should be flexible enough, given the balance in class struggle and international situations," Prachanda said. Prachanda also announced that whenever it might be, but if his party comes to power, top rung leaders like himself, Baburam, Badal, Mahara and Diwakar will not exercise executive power, but will only remain as moral authority.