TV-18

Members of the Exchange are hereby informed that the trading in equity shares of Television Eighteen India Limited shall be suspended w.e.f. June 21, 2011 (i.e. closing hours of trading on June 20, 2011) on account of Scheme of Arrangement between Television Eighteen India Limited, Web18 Software Services Limited, IBN18 Media & Software Limited, iNews.com Limited, Television Eighteen Commoditiescontrol.com Limited, RVT Investments Private Limited, Network18 India Holdings Private Limited, Care Websites Private Limited, ibn18 Broadcast Limited and Network18 Media & Investments Limited and their

News Verification : The media had reports that Television Eighteen India Ltd. may buy 50% equity stake in MTV Networks India (MTVI) for Rs. 200 crore. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Television Eighteen India Ltd. has vide its letter inter-alia stated,"The Company has a policy of not commenting on media reports, but would like to confirm that the transaction with Viacom as announced on May 22, 2007

News Verification : The media had reports that Television Eighteen India Ltd. may buy 50% equity stake in MTV Networks India (MTVI) for Rs. 200 crore. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Television Eighteen India Ltd.