0001019155-07-000103 Sample Contracts

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and THE BANK OF NEW YORK, as Depositary and OWNERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY RECEIPTS AMENDMENT NO. 1 TO DEPOSIT AGREEMENT (Dated as of August 7, 2000) Dated as of December 11, 2000
Deposit Agreement • April 4th, 2007 • Videsh Sanchar Nigam LTD • Telephone communications (no radiotelephone)

AMENDMENT NO. 1 TO DEPOSIT AGREEMENT dated as of December 11, 2000 (this "Amendment") among VIDESH SANCHAR NIGAM LIMITED, a company incorporated under the laws of the Republic of India (the "Company"), THE BANK OF NEW YORK, a New York banking corporation (the "Depositary") and all Owners and Beneficial Owners from time to time of American Depositary Receipts issued hereunder.

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