Rediff.com India Ltd.

DateInflation Amount Per Share*
6/14/2000**$10.3806***
6/15/2000$10.3806
6/16/2000$10.3806
6/19/2000$10.3806
6/20/2000$10.0117
6/21/2000$10.3806
6/22/2000$10.3806
6/23/2000$10.3806
6/26/2000$9.9856
6/27/2000$9.9598
6/28/2000$9.5479
6/29/2000$8.5543
6/30/2000$7.6662
7/3/2000$8.2746
7/5/2000$9.1843
7/6/2000$8.5103
7/7/2000$8.9334
7/10/2000$8.6779
7/11/2000$8.3756
7/12/2000$8.6525
7/13/2000$7.9906
7/14/2000$7.7283
7/17/2000$8.9323
7/18/2000$8.272
7/19/2000$8.0764
7/20/2000$7.8336
7/21/2000$8.0121
7/24/2000$7.4994
7/25/2000$7.87
7/26/2000$7.651
7/27/2000$6.9342
7/28/2000$6.3166
7/31/2000$5.6148
8/1/2000$4.4183
8/2/2000$3.9345
8/3/2000$3.4055
8/4/2000$3.6409
8/7/2000$4.8003
8/8/2000$6.5191
8/9/2000$5.1577
8/10/2000$4.8083
8/11/2000$5.0991
8/14/2000$5.0069
8/15/2000$5.1195
8/16/2000$5.0458
8/17/2000$5.1413
8/18/2000$5.7117
8/21/2000$6.1586
8/22/2000$5.9975
8/23/2000$5.6298
8/24/2000$5.9604
8/25/2000$6.017
8/28/2000$5.2271
8/29/2000$5.3851
8/30/2000$5.6875
8/31/2000$5.4708
9/1/2000$4.8933
9/5/2000$4.6781
9/6/2000$5.1234
9/7/2000$5.081
9/8/2000$5.032
9/11/2000$4.7569
9/12/2000$4.6291
9/13/2000$4.2841
9/14/2000$4.1355
9/15/2000$3.9634
9/18/2000$3.9278
9/19/2000$3.827
9/20/2000$4.1089
9/21/2000$4.2546
9/22/2000$3.9013
9/25/2000$3.7731
9/26/2000$3.2852
9/27/2000$3.3281
9/28/2000$3.187
9/29/2000$3.1743
10/2/2000$2.7868
10/3/2000$2.4104
10/4/2000$1.941
10/5/2000$1.5098
10/6/2000$1.3503
10/9/2000$1.3593
10/10/2000$1.4257
10/11/2000$0.7927
10/12/2000$1.1826
10/13/2000$0.8953
10/16/2000$0.813
10/17/2000$0.5368
10/18/2000$0.342
10/19/2000$0.1128
10/20/2000$0.1067
10/23/2000$0.101
10/24/2000$0.1032
10/25/2000$0.1708
10/26/2000$0.0615
10/27/2000$0.4184
10/30/2000$1.2446
10/31/2000$1.1306
11/1/2000$1.1091
11/2/2000$2.1874
11/3/2000$1.9694
11/6/2000$2.0094
11/7/2000$1.6301
11/8/2000$1.7735
11/9/2000$1.6201
11/10/2000$1.5631
11/13/2000$1.5605
11/14/2000$1.42
11/15/2000$1.3214
11/16/2000$1.4913
11/17/2000$1.4496
11/20/2000$1.5202
11/21/2000$1.2814
11/22/2000$0.6534
11/24/2000$0.2439
11/27/2000$0.279
11/28/2000$0.5594
11/29/2000$0.5897
11/30/2000$0.657
12/1/2000$0.3607
12/4/2000$0.0449
12/5/2000$0.1138
12/6/2000$0

* Data shown are adjusted forward for all stock splits between the IPO and 12/6/00.

** Purchases on a date not listed in the chart above have no artificial inflation.

*** Purchases in the IPO itself at $12.00 per share have no artificial inflation.