NATIONAL SECURITIES CLEARING CORPORATION LIMITED

CAPITAL MARKET CLEARING & SETTLEMENT

Ref No: NSCCL/RMG/2008/334 August 11, 2008

Download Ref No: NSE/CMPT/11110

To

All Trading Members

Maintaining Capital Cushion

This is in continuation of our Circular No. NSCC/CM/C&S/321 (Download Ref. No. NSE/CMPT/5750) dated January 10, 2005 and Circular No NSCC/RMG/2005/0139 (Download Ref .No NSE/CMPT/5831) dated February 14, 2005.

The provisional amount of additional capital to be provided along with the number of days when the member has crossed 90% of margin utilistion shall be intimated to the member on a daily basis vide a report in the extranet directory. The report shall be available to members in the extranet directory /< TM ID>/REPORTS.

The naming convention of the report shall be as under.

P_C_CPC_<MEMCODE>_DDMMYYYY.TXT

The final amount of additional capital to be collected shall be continued to be informed to the members on the first day of the subsequent month.

Members are advised to take note of the above.

In case of any clarifications, members are requested to contact Mr.Abhijeet Sontakke, Mr. Nagesh Ghadge or Mr. Abhishek Gupta on telephone number 26598266.

For National Securities Clearing Corporation Limited

Aparna Bhat

Manager