BANKPUNJAB

Members of the Exchange are hereby informed that the trading in equity shares of Bank of Punjab Ltd. shall be suspended w.e.f. October 06, 2005 (i.e. closing hours of trading on October 05, 2005) on account of Scheme of Amalgamation of Bank Of Punjab Ltd with Centurion Bank Limited.

Clarification of News : The press had reports about foreign investment in the Bank Of Punjab Ltd.The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the bank.Bank Of Punjab Ltd has vide its letter inter-alia stated, "We wish to clarify that the Bank has appointed M/s Ernst & Young to explore avenues for raising capital for the Bank. No specific proposal has been received from M/s Ernst & Young till date and any proposal, as and whe

Clarification of News : The press had reports that a few foreign financial investors have shown interest in picking up the promoter's stake in Bank Of Punjab Ltd and have also conducted due diligence.The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the bank. Bank Of Punjab Ltd has vide its letter inter-alia stated, "We would like to inform you that news item is incorrect. The correct position is that the Board of Directors of th