Nautilus Script: Extract to Folder

Use this script if you want to extract compressed file into a folder in nautilus.
Make text file named "Extract to Folder" in ~/.gnome2/nautilus-scripts/ then just put the following code into it.

make it executable using $chmod +x ~/gnome2/nautilus-scripts/Extract\ to\ Folder
and now you can use it in nautilus by simply right click > Scripts > Extract to Folder.