28.1 Securities of the same class deposited at the Central Depository are considered equal. Any number or par value of such a security is the equivalent to the same number or par value of any other security. The Central Depository shall not be under any obligation to issue securities certificates for Participants or their clients with the same serial numbers of their deposited securities.

28.2 Deposited securities may be transferred, pledged or subject to any other transaction through entries in the securities accounts maintained in the Central Securities Registry, without physical delivery of a securities certificate.