DOWNLOAD REFERENCE NO: NSE/CMPT/11055

NSCCL/SEC/2008/0411                                                                     July 30, 2008

All Clearing Members / Custodians,

Sub : Timings of pay-in /pay-out for settlements scheduled on August 21, 2008.

This has reference to Circular No. NSCCL/SEC/2008/0359 (Download ref no: NSE/CMPT/10941) dated July 04, 2008 regarding settlement schedules for the month of August 2008.

In view of the above, the multiple settlements have been scheduled on Thursday, August 21, 2008. Pay-in/pay-out timings for multiple settlements scheduled on August 21, 2008:

Settlement Type & Number	Trade Date	Custodial Confirmation Date	Settlement Date	Pay-in at NSCCL on settlement day	Pay-out at NSCCL on settlement day
N,D,W, O,U, Z 2008157	18-AUG-08	20-AUG-08	21-AUG-08	10.00 a.m.	12.30 p.m.
A 2008154	18-AUG-08	18-AUG-08	21-AUG-08	10.00 a.m.	12.30 p.m.
N(B) 2008153	-	-	21-AUG-08	10.00 a.m.	12.30 p.m.
N,D,W, O, Z, U 2008158	19-AUG-08	20-AUG-08	21-AUG-08	2.00 p.m.	4.30 p.m.
A 2008155	19-AUG-08	19-AUG-08	21-AUG-08	2.00 p.m.	4.30 p.m.

Members are also requested to take note of the cut-off timings for pay-in at the depositories end due to the revised settlement timings for August 21, 2008.

Yours faithfully,

For National Securities Clearing Corporation Ltd.

Rana Usman

Manager