DOWNLOAD REFERENCE NO: NSE/CMPT/8001

NSCCL/SEC/2006/737 October 12, 2006

All Clearing Members / Custodians,

Sub : Timings of pay-in /pay-out for settlements scheduled on October 26, 2006.

This has reference to Circular No. NSCC/SEC/2006/0707 (Download Ref. No. NSE/CMPT/7893) dated September 19, 2006 regarding settlement schedule for the month of October 2006.

Pay-in/pay-out timings for multiple settlements scheduled on October 26, 2006 are as under:

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 2006200	20-OCT-06	23-OCT-06	26-OCT-06	10.00 a.m.	12.30 p.m.
A 2006197	20-OCT-06	20-OCT-06	26-OCT-06	10.00 a.m.	12.30 p.m.
N(B) 2006196	-	-	26-OCT-06	10.00 a.m.	12.30 p.m.
N,D,W, O, Z, U 2006201	21-OCT-06	23-OCT-06	26-OCT-06	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 October 26, 2006.

Yours faithfully,

For National Securities Clearing Corporation Ltd.

Rana Usman

Manager