Dated: 17 -Feb-05
Circular No. : 36

Dear Sir,

Sub: SPECIAL BONANZA SCHEME FOR INVESTORS

To increase our clientele base and promote business and retain our leadership position as a Depository Participant, we have devised a new scheme, which will benefit new depository client. The features of the scheme are as under:

On opening every new Demat Account during any of the IPOs along with IPO Shares Alpplicaiton form (during New Issues entering the Capital Market) with us will get Spot Incentive in the form of a Silver Coin against production of xerox copy of the IPO application acknowledgement slip.

What an exiciting scheme! Hurry up!! Start & grab the opportunity and get the rewards.!!!