Process for canceling a GDR 144A

1
Process for canceling a GDR (144A)
(2) DTC contacts BT and we agree on cancellation
Bankers Trust
DTC
(1) Instructs DTC to cancel DRs
(4) Instructs Custodian to reduce global
certificate
(3) Instructs custodian to deliver shares
Investor/Broker Institutional Holder
(1) Sends cancellation certificate
(5) Delivers shares to local agent
Custodian for Global Certificate
Local Custodian
(1) Done simultaneously