Mumbai, January 27, 2000 - esharebazaar.com, an affiliate of leading Indian Portal Network Indiainfo.com, and pioneer of online stock trading in India announced today that it can now use the full capabilities of its unique stock trading facility. This announcement follows the declaration by the Securities and Exchange Board of India to allow online trading in India.

Realizing the potential of online stock trading, Indiainfo.com had already released the service in offline mode, which was formally launched by Mr. Chandrababu Naidu at a press conference in Hyderabad. Now with the clearance by SEBI, investor can use this facility to its full potential. The current facilities offered by esaharebazaar.com include the ability to place orders; check transactions online, get stock quotes, business news and market updates.

Investors can make use of opportunities like low commission rates, the ability to monitor stocks in real time and the flexibility for individuals to enter their trades 24 hours a day. In addition to stock quotes, users have access to vast amount of business information including current news, company's financials and market research. The easy-to-use portfolio manager, standing instructions and customizable ticker provide a totally transparent, real-time transaction system.

"Online stock trading provides unprecedented flexibility and control for an individual investor. It empowers him with real time information to make real time decisions. Investor's can participate in the message boards and express their views and opinions on various companies. Besides residents of India, Non-residents now have a great service at their hand to participate in the growing Indian economy. Any resident or an NRI can open an account with an initial deposit of Rs. 5,000 by simply going to esharebazaar.com." Said Raj Koneru, Chairman, Indiainfo.com.

There has been significant interest in Indian markets in the direction of online stock trading and the latest announcements by SEBI are likely to provide further impetus to it. Initially, due to the risks involved, esharebazaar.com, for now will trade only in demat shares and will require all investor's to deposit 100% margin into their accounts before commencing the trades. Indiainfo.com feels that this method will be the norm of online trading for the near future until all d the risk factors have been addressed.

Plans are already in place to expand the services beyond stocks to mutual funds and various other financial services at a later date. Indiainfo.com expects this business to grow exponentially not only by moving traditional investors to their service but also attracting a totally new set of individual investors who never felt comfortable calling up a broker to invest in stocks.

"Being the leading Internet player in the Indian Internet Space and a big brand and good management team behind the company, Indiainfo.com is all set out to explore the new frontiers of Internet trading by offering user-friendly, convenient and powerful tools to the investors. The platform provided Indiainfo.com has coupled a proven secure transaction platform with deep technical expertise derived from working with various International clients." said Mr. Koneru

The site Indiainfo.com is a comprehensive Internet solution and service provider, offering a portal network, advertising network, e-commerce products addressing both B2B and B2C markets, and Internet services including hosting, connectivity and development services. Indiainfo.com currently employs 650 people in both India and the US, including Mumbai, Bangalore, Hyderabad, New Delhi, Chennai, Ahmedabad, New Jersey and New York.

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