Text of RBI Case Order:

Reserve Bank of India

Dept of Banking Supervision

Mumbai Regional Office, Center 1, Coffe Parada, Colaba, Mumbai - 400005

DBS (MRO) No. 878/17.21/2002-03

Date: 26.8.2002

To:

L.F. Saldanha

Environment Support Group

S-3, Rajashree Apartments,

18/57 1st Main Road, S.R.K. Gardens

Jayanagar, Bannerghatta Road

Bangalore

Dear Sir/Madam,

Sub: Complaint against ICICI Bank

RBI Case No. 105/16.8.2002

We acknowledge receipt of your letter No. -- dated 24.7.2002

(with enclosures as stated therein) and advise that we are looking into the matter.

Yours faithfully,

(P.S. Joshi)

For Chief General Manager