As part of Surveillance measures, members are requested to note that the scrip Global Trust Bank Limited (Scrip Code No.500161) will be shifted to Trade to Trade (T-Segment) with effect from Tuesday, 27th July 2004. The settlement of the scrip will be done on a Trade for Trade basis.

Further, please also note that the trading in the scrip will not be subject to Circuit Filter till further orders.



Sanjiv Kapur
G.M. Surveillance / CSD

July 26^th, 2004.