Investment Management Department

Division of Foreign Institutional Investors and Custodians

Circular No. IMD/FII & C/26/2007

February 13, 2007

Foreign Institutional Investors and Custodians of Securities

Dear Sir / Madam,

Sub: SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007

Enclosed please find a copy of the gazette notification no. SEBI/LAD/DOP/1446/2007 dated January 8, 2007 pertaining to SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007 for your information and necessary action.

A copy of the circular is available at the web page “Foreign Institutional Investors” on our website www.sebi.gov.in .

Yours faithfully,

Sangeeta Uchil

Deputy General Manager

Encl.: Annexure (SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007)

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Investment Management Department Division of Foreign Institutional Investors and Custodians Website: www.sebi.gov.in Circular No. IMD/FII & C/26/2007 February 13, 2007 To Foreign Institutional Investors and Custodians of Securities Dear Sir / Madam, Sub: SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007 Enclosed please find a copy of the gazette notification no. SEBI/LAD/DOP/1446/2007 dated January 8, 2007 pertaining to SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007 for your information and necessary action. A copy of the circular is available at the web page “Foreign Institutional Investors” on our website www.sebi.gov.in . Yours faithfully, Sangeeta Uchil Deputy General Manager Encl.: Annexure (SEBI (Foreign Institutional Investors) (Amendment) Regulations 2007)