Ref: DBOD. CO. No. Ret. BC.36 /12.06.120/2004-05

September 02, 2004

To,

All Commercial Banks

Dear Sir,

We advise that the name of "Yes Bank Limited" has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from 21 August 2004 i.e. the date on which the relative Notification DBOD No. PSBS.BC.30/16.01.137/2004-05 dated 16 August 2004 was published in the Gazette of India (PART III-Section 4). The address of the bank is as under:

Yes Bank Limited

Nehru Centre, 9^th Floor, Discovery of India,

Dr A.B. Road, Worli,

Mumbai-400018.

Yours faithfully,

Sd/-

(T.B. Satyanarayan)

General Manager