Rediff.com India Limited Schedules Third Quarter Ended December 31, 2010 Earnings Results Conference Call for January 25, 2011

Tuesday, January 18, 2011 - 05:30

2010-2011

Mumbai, India, January 18, 2011:

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 Third Quarter ended December 31, 2010 at 8.00 am ET (5:00 am Pacific Time / 6:30 pm India Time) on Tuesday, January 25, 2011.

In conjunction with this release, Rediff.com will host a conference call. Ajit Balakrishnan, Chairman and Chief Executive Officer and Jayesh Sanghrajka, Vice President Finance will host the call at 8.30 am ET (5:30 am Pacific Time / 7:00 pm India Time), on Tuesday, January 25, 2011 soon after declaring the results for the Third Quarter ended December 31, 2010.

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

U.S. Participants: 18665027394 / 18773154368
UK Participants: 08000517100 / 08081011094
Singapore Participants: 8001012160
Hong Kong Participants: 800968586

International Participants: +91 11 39406000

India Participants: 18002001100 (Toll Free) / 022 - 39406000

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

Please confirm your participation to Mandar Narvekar at investor@rediff.co.in as soon as possible.

For further details contact:

Mandar Narvekar

Rediff.com India Ltd.
Investor Relations and Corporate Affairs Contact
Tel.: +91-22-24449144 Extn 138

Email: investor@rediff.co.in

Glenn Wiener and Jay Morakis

GW Communications (U.S.A.)

Tel. 212.786.6011 / 212.786.6037

Email: gwiener@GWCco.com / jmorakis@GWCco.com

Safe Harbor

Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and reflect our current expectations. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. 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, acceptance of new products, 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 Form 20-F and other 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.