Bank of Rajasthan

As you are aware that the equity shares of The Bank of Rajasthan
 Limited are compulsorily traded in the dematerialised mode. We have
 been intimating you the advantages of dematerialisation of shares from
 time to time. We find from our records that as on date you are still
 holding your shares in the physical mode.
 
 We are once again listing below the advantages available on holding the
 shares in the electronic form vis-a-vis holding shares in physical
 form.
 
 No risk of loss, mutilation or theft of share certificates;
 
 Low interest rates on loans granted against pledge of dematerialised
 securities by Bank;
 
 * No stamp duty for transfer of shares;
 
 * No need for filling transfer deeds and lodging the same with the
 Bank;
 
 * Reduced paper work;
 
 * Instant disbursement of non-cash corporate action benefits like;
 bonus and rights into the demat account.
 
 We, therefore, advise you to dematerialise your shares at the earliest
 and avail the benefits of dematerialisation.
 
 Kindly contact our Share Department on Tel. No.2381222/23/24 Extn.
 309/312 (Monday to Friday between 10.00 AM to 5.00 PM) or email at
 sect_board@rajbank.com in case you require any further information in
 this connection.
 
 In case you have already submitted your certificates for
 dematerialisation, please ignore this intimation.
 
 Thanking you,
                                                       Yours faithfully,
                                       For The Bank of Rajasthan Limited
                                                          (P.K. AGRAWAL)
                                                       COMPANY SECRETARY
 
 Dear Shareholder(s)
 Dated 23rd June, 2003
 
 PAYMENT OF DIVIDEND THROUGH ELECTRONIC CLEARING SERVICE
 
 The Securities and Exchange Board of India (SEBI) has made it MANDATORY
 for all companies to use the bank account details furnished by the
 investors for distributing dividends through Electronic Clearing
 Service (ECS) to the investors wherever ECS and bank details are
 available. In the absence of ECS facility, the companies are required
 to print the bank account details, if available on the payment
 instrument, for the distribution of dividends to the investors.
 
 We are pleased to inform you that we are extending the ECS facility to
 the shareholders to enable you to receive your dividend through
 electronic mode to your bank account. The ECS facility also provides
 adequate protection against fraudulent interception and encashment of
 dividend warrants, apart from eliminating loss/damage of dividend
 warrants in transit. The ECS facility shall also eliminate
 correspondence with the company on revalidation/issuance of duplicate
 dividend warrants.
 
 SALIENT FEATURES OF THE SCHEME Instant Credit
 
 This facility provides instant credit of dividend amount to your bank
 account electronically at no extra cost. ECS also eliminates the delay
 in postal transit and fraudulent encashment of warrants.
 
 Coverage
 
 Presently Centralised ECS is available at the following 15 centres.
 Investors residing at any of the centres are required to fill the ECS
 form (enclosed) to get the dividend directly in your account:
 
 Ahmedabad, Bangalore, Bhubaneshwar, Chandigarh, Chennai, Guwahati,
 Hyderabad, Jaipur, Kanpur, Kolkatta, Mumbai, Nagpur, New Delhi, Patna &
 Thiruvananthapuram.
 
 The scheme is at present available only for payments upto a maximum
 amount of Rs.5,00,000/-.
 
 Procedure to credit of dividend amount
 
 Under the ECS facility, the amount of dividend payable to you would be
 directly credited to your bank account. Your bank branch will credit
 your account and indicate the credit entry as `ECS transaction in your
 passbook/statement of account.
 
 In case ECS facility is not made available to you by the Company/their
 Bankers at a particular centre or the amount payable to you exceeds
 Rs.5,00,000/-, the dividend amount due to you would be remitted by
 means of a dividend warrant which would be posted to your address with
 the particulars of the bank/branch and account number furnished by you
 duly printed on it.
 
 Furnishing of Bank details (if ECS facility is not opted for)
 
 If you do not wish to opt for ECS facility, we request you to provide
 details for your bank name, bank branch, type of account and account
 number to the Bank for printing the same on the dividend warrants which
 will be despatched to you. In the event of any change or correction in
 the details that may have been provided by you earlier, kindly send
 revised particulars to the Bank at an early date.
 
 In order to avail the ECS facility, the shareholders are requested to
 fill and sign the enclosed ECS mandate form. The form duly filled in,
 needs to be sent to The Company Secretary, The Bank of Rajasthan Ltd.,
 C-3, Sardar Patel Marg, C-Scheme, Jaipur-302001.
 
 All information should be accurate and complete so that you get the
 credit of the dividend in time. Kindly attach a photocopy of a cheque
 leaf from your cheque book issued by your bank for verifying the
 accuracy of the MICR code number indicated at the bottom of the cheque.
 Please note that these instructions will supercede all your previous
 bank mandates
 
                                                           Thanking you,
                                                       Yours faithfully,
                                                          (P.K. AGRAWAL)
 
                                                       COMPANY SECRETARY