NOTICE/OTC/NSCCL/2004/002 August 19, 2004

To,

All Members/Dealers/Custodians.

Dear Sir/Madam,

Sub: Timings of pay-in /pay-out for settlements scheduled on August 24, 2004

In view of multiple settlements scheduled on August 24, 2004, members may please note the pay-in/pay-out timings 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, R, W, Z 2004160	19-Aug-04	23-Aug-04	24-Aug-04	11.30 a.m.	01.30 p.m.
A 2004157	19-Aug-04	19-Aug-04	24-Aug-04	11.00 a.m.	01.30 p.m.
N, R, W, Z 2004161	20-Aug-04	23-Aug-04	24-Aug-04	3.00 p.m.	5.30 p.m.
A 2004158	20-Aug-04	20-Aug-04	24-Aug-04	3.00 p.m.	5.30 p.m.

Members are requested to take note of the pay-in deadlines at the depositories end, due to the revised settlement timings for August 24, 2004.

Thank you,

Yours faithfully,

For OTC Exchange of India.

R Anand

Asst Vice President

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