OTCEI

MEMBERSHIP DEPARTMENT

Circular

19^th January 2004

All trading members are hereby informed that the following trading members have been expelled by the Exchange in terms of Chapter XV of the Byelaws, w.e.f. 16^th January 2004:

Sr. No	Name of the Member/Dealer	SEBI REGISTRATION NO.	EXPELLED/ SURRENDER
1	B. SURYANARAYANA	INB200674210	Expelled
2.	MODEL FIN. CORPN. LTD	INB200674933	Expelled
3.	RENU SOBTI	INB200890214	Expelled

For and on behalf of

OTC Exchange of India

A.Manickavelu