More Than 4.08 Million Rediff.com E-mail Users Go Vocal!

February 20, 2001

MUMBAI, India — (BUSINESS WIRE) — Feb. 20, 2001 — Rediff.com India Limited (Nasdaq: REDF), one of India's leading portals focusing on India and the global Indian community, today announced that Rediffmail, the popular e-mail service with over 4.08 million subscribers, launched its Voice Message Attachment feature. The voice attachment facility is currently a free service to all Rediffmail users. This latest offering validates Rediff.com's commitment to continuously provide innovative services based on user insights.

Rediffmail users would need to record their message onto a voice 'recorder', and attach the standard wave file (.wav) to their e-mail. The recipient can listen to the voice message through the default 'sound player' of ones computer system, without having to download any additional software. The voice messages can be send in the language of choice, irrespective of the recipient's e-mail provider.

"With this latest feature, Rediffmail users can now communicate with their loved ones in India and worldwide in their voice and language of choice. We believe, such innovations confirm our commitment to continuously provide the latest in Internet services which will enhance the way our users communicate with each other over the Internet" said Ajit Balakrishnan, Chairman and CEO, Rediff.com India Limited.

Rediff.com recently introduced Rediffmail in eleven Indian languages. Earlier, Rediffmail was WAP enabled in alliance with multiple wireless service providers across the country. Last year, Rediffmail was re-launched with significantly more enhanced features and services. These included POP3, e-mail to mobile notification, block sender, and auto reply facility.

About Rediff.com

Founded in 1996, Rediff.com India Limited (Nasdaq: REDF) is one of the leading Internet portals focusing on India and the global Indian community. Currently, Rediff.com's web site consists of interest specific channels, extensive community features, local language editions, sophisticated search capabilities, and online shopping. Rediff.com also provides users extensive Internet community offerings, which include e-mail, chat, instant messaging and personal homepages, all tailored to Indian interests. Rediff.com has developed its offerings based on the demands and the requirements of its users. The company also has an U.S. version of its site, with content more relevant to the Indian community in the United States.

Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements." These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include, but are not limited to competition, acquisitions, attracting, recruiting and retaining highly skilled employees, technology, legal and regulatory policy, managing risks associated with consumer transactions, widespread adoption of the internet, as well as other risks detailed in the reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

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CONTACT: Rediff.com India Limited, Debasis Ghosh, +91-22-444-9144, debasisg@rediff.co.in or Thomson Financial/Carson, Sandra Moreno, 212/701-1867, Sandra.moreno@tfn.com or IPAN, Heena Jhaveri, +91-22-2837765, heena@ipan.com