Rediff.com to Support Applications Compatible with Facebook Markup Language Launches Developer Programme

Rediff.com, India’s leading online community portal, today announced the launch of its developer program at Proto.in (http://developer.rediff.com), inviting all application developers to come on board and build applications for Rediff.com properties which is being made compatible to support Facebook Markup Language (FBML). The project, code-named ‘Sociali’, will open up a unique opportunity for application developers to reach the world-wide Rediff user-base. Rediff iShare, the videos, music and photo sharing platform is the first property of Rediff.com that is opened for application developers. Rediff.com also announced financial grants for innovative application Ideas to encourage students and application developers who may not have necessary funds and infrastructure to build the applications on their own. Commenting on the Strategic Initiative Rediff.com’s Chief Technology Officer, Venki Nishtala said, "The portal architecture on the internet is under going a big change, opening up newer opportunities which can only be leveraged jointly with application developers. Our vision is to extend our platforms to external developers to build innovative and unique applications which will make Rediff.com services richer and engaging for our users.” The developers’ site (http://developer.rediff.com) includes all the required documentation, sample code and developer forums to help developers to build applications for the platform easily. Developers who have innovative application ideas can logon to the developers’ site and submit their ideas. Out of all the entries 10 shortlisted candidates will be given grants to bring their ideas to life. About Rediff.com Rediff.com (NASDAQ: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping services to Indians worldwide. Rediff.com provides a platform for Indians worldwide to connect with one another online. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi and New York, USA. 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 economies worldwide 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 policies, 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.