Circular No: NCDEX/TRADING-124/2009/294 Date: October 21, 2009

Trading and Clearing Members are requested to note that the Exchange, with the approval of the Forward Markets Commission has made modifications in the Rapeseed-Mustard Seed contracts which will be applicable for all contracts expiring in April 2010 and thereafter.

Currently, contracts expiring in November 2009, December 2009 and January 2010 are available and would continue to be traded as per existing contract specifications. Summary of modifications for contracts expiring from April 2010 onwards is given in Annexure I, existing contract specifications applicable till January 2010 expiry are given in Annexure II and modified contract specifications applicable for April 2010 expiry and onwards are given in Annexure III.

Members and their constituents are requested to take note of the changes. Trading and Clearing members are also informed that on October 22, 2009, the Exchange would be launching contract expiring in April 2010. Location Premium / Discount for the contract is given in Annexure IV.

The contracts and the transactions therein will be subject to Rules, Bye Laws and Regulations of the Exchange and circulars issued by the Exchange as well as directives, if any, issued from time to time by the Forward Markets Commission

For and on behalf of
National Commodity & Derivatives Exchange Limited

Uma Mohan
Head-Products

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