All Head Offices/Principal Offices of
Authorized Dealers in Foreign Exchange.

Dear Sirs,

25% FREIGHT SUBSIDY ON EXPORTS

In continuation of our Circular letter No. 5/EPP-1 (51) FS-2003 date 8th April, 2003, Authorized Dealers may please find enclosed a copy of Export Promotion Bureau’s Public Notice No. 2(1)/2002-PPI dated the 6th May, 2003 for immediate implementation.

2. Please bring the above to the notice of your all constituents.

Encl. As above