Rediff.com India Limited Schedules Second Quarter Conference Call for November 7, 2006

Mumbai, Maharashtra, India , 2006-10-30

Rediff.com India Limited (Nasdaq: REDF), one of the premier worldwide online providers of news, information, communication, entertainment, mobile and shopping services, will release its results for the Second Quarter ended September 30, 2006, at 8.00 am ET (5:00 am Pacific Time / 6:30 pm India Time) on Tuesday, November 7, 2006.

In conjunction with this release, Rediff.com will host a conference call. Ajit Balakrishnan, Chairman and Chief Executive Officer and Joy Basu, Chief Financial Officer will host the call at 8.30 am ET (5:30 am Pacific Time / 7:00 pm India Time), November 7, 2006 soon after declaring the Second Quarter results.

To participate, please call at least ten minutes in advance of the presentation.

U.S./Canada Participants: +877 209 0463 / Password: Rediff
UK Participants: 0203 107 0297 / Password: Rediff
Singapore Participants: 662 210 03 / Password: Rediff
Hong Kong Participants: 301 145 15 / Password: Rediff
International Participants: +1-706 643 0283 / Password: Rediff
India Participants: +91-22-2781 3117 / Password: Rediff

A question-and-answer session will follow management’s presentation.

Please confirm your participation to Ajay Menon at [email protected] as soon as possible.

Safe Harbor

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 the slowdown in the U.S. and Indian economies and in the sectors in which our clients are based, the slowdown in the internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, legal and regulatory policy, managing risks associated with customer products, the wide spread acceptance 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 and its subsidiaries 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.

Contact

Ajay Menon, Investor Relations and Corporate Affairs Contact, Rediff.com India Ltd, + 91 (022) 2444 9144. (Extn: 362)
[email protected]