Central Depository Services (India) Limited (CDSL), has received BS7799 certification from Det Norske Veritas (Rotterdam), signifying that its operations are in conformance with the Information Security Management System Standard – BS 7799-2:2002. The certification covers Depository services provided through Depository Participants (DPs), provision of services to Issuers and Registrars for processing of corporate actions, and the provision of web-based access to their accounts to DPs and investors. CDSL has obtained the certification for not only its main site, but also for its disaster recovery site (DRS).

The certificate was presented to CDSL by Shri Prakash Tikare, Manager – Mumbai Certification Services, DNV and Shri Ulhas Urgekar, Lead BS7799 Auditor DNV at a function at CDSL’s office at Mumbai.

Speaking on the occasion, Shri S. S. Thakur, Chairman, CDSL "This certification underlines CDSL’s on-going commitment to taking a pro-active stance in incorporating world-class standards in its Information Security Systems.”

Shri V. V. Raut, Managing Director and CEO, CDSL said, “The BS7799 certification further demonstrates to CDSL customers – present and prospective, and to the securities market in general, that our commitment to provide convenient, dependable and secure depository services stimulates us to attain and sustain higher levels of managing information security.”

"With information security the paramount issue in the depository business, it is imperative that CDSL provides its stakeholders with an iron-clad assurance that information processing is carried out in an appropriately secure environment.” said Shri Pramod Deshpande, V.P. IT, CDSL.

Mumbai, February 14, 2006