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MEDIA RELEASE

BSE clarification on Trading Halts

There were trading system halts on BSE for a short while today at 14:49:44 hrs and 14:52:41 hrs.

As per guidelines, the market halt at 10% SENSEX movement of closing figure of SENSEX as on 31st December' 2007, is applicable before 14:30 hrs and post 14:30 hrs market halt at 15% is applicable. The switch over programme at 14:30 hrs to the new market wide circuit filter level at 15% malfunctioned leading to a temporary trading halt.

On immediate rectification of the programme, the trading system resumed at 14:54:33 hrs.

Kalyan S. Bose,
Head - Corporate Affairs
January 21, 2008

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