September 22, 2007

Securities in ban period for trade date September 24, 2007- F&O segment

The derivative contracts in the underlying JPHYDRO, TRIVENI, RAJESHEXPO, GMRINFRA, ARVINDMILL,NEYVELILIG & ESSAROIL have crossed 95% of the market-wide position limit and are currently in the ban period. It is hereby informed that all clients/ members shall trade in derivative contracts of JPHYDRO, TRIVENI, RAJESHEXPO, GMRINFRA, ARVINDMILL,NEYVELILIG & ESSAROIL only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action in accordance with the Circular No. NSCC/F&O/C&S/365 dated August 26, 2004.

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