July 27, 2004

Re : Central Database of Market Participants Regulations,2003.

Members are hereby informed that SEBI vide its circular no. MAPIN/Cir-23/2004 dated 16/7/2004 informed the Exchange that in order to operationalise the MAPIN database, it has been decided that with effect from August 2, 2004, in partial modification of SEBI Circular no. SMDRP/Policy/CIR-39/2001 dated 18/7/2001, wherever applicable, all specified intermediaries and their related persons shall quote, the UIN obtained under the MAPIN database in lieu of the Unique Client Code for all secondary market transactions.

Further it has been decided that with effect from August 2,2004, wherever applicable all specified intermediaries and their related persons shall quote the UIN obtained under the MAPIN database along with the SEBI registration number. The UIN must also be clearly quoted on all correspondence, documents and reports sent to or filed with SEBI by the specified intermediaries and/ or their related persons.

The members are advised to comply with the aforesaid directives of SEBI.

Secretary.