DOWNLOAD REFERENCE NO: NSE/CMPT/ 11241

NSCCL/SEC/2008/0472                                                                       September 05, 2008

NATIONAL SECURITIES CLEARING CORPORATION LIMITED

Kind Attn: All Members/Custodians,

Sub: Change in timings for file upload/download on account of sun outage.

This has reference to the circular download no. NSE/CMTR/11230 dated September 02, 2008, regarding revision in the market timings on account of SUN OUTAGE. As a result of the same, members are requested to note the changes in timings of the files uploaded & downloaded on the trading (T) day by the Clearing Corporation. The revised timings as mentioned below shall be effective for the period starting from Wednesday, September 24, 2008 to Wednesday, October 08, 2008.

(I) Files sent by Members and uploaded by Clearing Corporation

Process	Day	Existing Timings	Revised Timings
Trade Modification  (CPCODE)	T	4.45 pm	5.30 pm
Client Code Modification (CLD)	T	4.45 pm	5.30 pm
Obligation Transfer Request (OTR) 1^st batch	T	6.00 pm	6.45 pm
Obligation Transfer Request (OTR) 2^nd batch	T	6.30 pm	7.15 pm

(II) Files downloaded by Clearing Corporation to Members / Custodians

Process	Day	Existing Timings	Revised Timings
Return of Trade Modification files (CPCODE)	T	5.00 pm	5.45 pm
Return of  Client Code Modification files (CLD)	T	5.00 pm	5.45 pm
OTR files to Members	T	5.00 pm	5.45 pm
Daily obligation Data to Members / Custodians	T	5.30 pm	6.15 pm
Return of OTR files –  1^st batch	T	6.15 pm	7.00 pm
Return of OTR files –  2^nd batch	T	6.45 pm	7.30 pm

Members may further note that the timings for upload/download of files other than those mentioned hereinabove shall remain unchanged during the sun outage period.

In case of any clarifications, members are requested to contact Ms. Bhakti Desai / Mr. Shorabh Sharma on telephone numbers 26598267/68.

Yours faithfully,

For National Securities Clearing Corporation Ltd.

Rana Usman

Manager