NATIONAL SECURITIES CLEARING CORPORATION LIMITED

FUTURES & OPTIONS SEGMENT

Circular No: NSCC/F&O/C&S/780 December 28, 2007

Download No: NSE/CMPT/ 9987

Sub: Introduction of mini derivative (Futures & Options) contract on S&P CNX Nifty index

In pursuance of the Regulations of the Futures & Options Segment, and with reference to circular no. NSCC/F&O/C&S/654 dated February 09, 2007 and Circular No. NSE/F&O/120/2007 dated December 28, 2007 on introduction of mini derivative (futures and options) contracts on S&P CNX Nifty index.

All the existing risk management measures adopted for present Index Futures and Options would be adopted for these contracts also.

Members are advised to take note of the above.

For any further clarifications members may contact the following officials of the Clearing Corporation:

Mr. Aslam Shaikh, Mr. Shailesh Golatkar

Phone Nos. 26598214 / 26598264

Fax: 26598242

For National Securities Clearing Corporation Ltd

Huzefa Mahuvawala

Manager