1. The above results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on April 30, 2009. The above results pertain to Info Edge (India) Ltd on standalone basis.

2. The Company is primarily in the business of internet based services delivery. The other activities of the company comprise placement search services and real estate braking services. The segment revenues, results and assets of the other activities do not constitute reportable segment under accounting Standard 17 on Segment Reporting and accordingly no disclosure is required.

3. The Company had raised Rs 17036.32 lacs through Initial Public Offer of Shares (IPO) in the month of November, 2006 by issuance of 53.24 lacs equity shares of Rs 10/- each at a premium of Rs 310/- per share. The utilisation out of such gross proceeds till March 31, 2009 is given below. The balance amount of IPO proceeds remains invested in fixed deposits in banks & debt based mutual funds.

Utilisation of funds upto March 31, 2009 (Rs in Lacs)

Purchase of Land : 2024.57
Acquisition /Strategic Alliances : 1198.29
Issue related expenses : 1038.73
Diversification into new business & markets : 428.33
Development of new business and Product enhancement : 486.39
Total Utilisation : 5176.31

4. Previous periods / years figures have been regrouped / rearranged to confirm to the current period classification.

5. The inapplicable items in the format of the above results as per Annexure I to Clause 41 of the Listing Agreement have not been disclosed.

Sanjeev Bikhchandani
Managing Director