NATIONAL SECURITIES CLEARING CORPORATION LTD.

Download Ref. No: NSE/CMPT/11826

Ref. No: NSCCL/SEC/2008/0634 Date: December 30, 2008

To

All Members & Custodians,

Sub: International Holidays for confirmation of institutional trades

This is further to our circular download reference no. NSE/CMPT/6653 dated September 16, 2005 regarding Discontinuation of Hand Delivery Bargains/Delivery Versus Payment (DVP). Trading Members and Custodians are requested to note the following international holidays on which custodial rejections indicated by rejection code ‘2’ would not attract penalties.

1. Thursday, January 1, 2009
2. Monday, January 19,2009
3. Monday, February 16, 2009
4. Monday, May 25, 2009
5. Monday, September 7, 2009
6. Monday, October 12, 2009
7. Monday, November 2, 2009
8. Thursday, November 26, 2009

Please note that these holidays shall be applicable for the custodian confirmation day i.e T+1 day.

For National Securities Clearing Corporation Ltd.

Rana Usman

Manager