NATIONAL SECURITIES CLEARING CORPORATION LTD.

Download Ref. No: NSE/CMPT/6791

Ref. No: NSCCL/SEC/2005/899 Date: October 20, 2005

To

All Members & Custodians,

Sub: Clearing and settlement holiday on November 04, 2005 on account of Ramzan Id

This is further to our circular download no. NSE/CMTR/6787 dated October 20, 2005 and in partial modification of our circular download no. NSE/CMPT/5685 dated December 22, 2004 and circular download no. NSE/CMP/2005/6679 dated September 21, 2005. All members and custodians are requested to note that Friday November 04, 2005 will be observed as a Clearing and Settlement holiday on account Ramzan Id being observed as a bank holiday in majority states, instead of Saturday, November 05, 2005.

For National Securities Clearing Corporation Ltd.

Rana Usman

Manager