Amendments In the Annex to the FDI policy notified vide Press Note 4 (2006 series) dated 10.2.2006 - FEMA - 02/2007

Government of India Ministry of Commerce Industry Department of Industrial Policy Promotion (Secretariat for Industrial Assistance) Press Note 2 (2007 series) In the Annex to the FDI policy notified vide Press Note 4 (2006 series) dated 10.2.2006, the following substitution is hereby made: For the existing provision S.No. Sector/ Activity FDI Cap / Equity Entry Route Other conditions Relevant Press Note issued by D/o IPP www.dipp.gov.in 25. Telecommunications c. ISP without gateway, infrastructure provider providing dark fibre, electronic mail and voice mail 100 Automatic up to 49% FIPB beyond 49% Subject to the condition that such companies shall divest 26% of their equity in favour of Indian public in 5 years, if these companies are listed in other parts of the world. Also subject to licensing and security requirements, where required. www.dotindia.com P N 9/2000 Read the revised provision as: S.No. Sector/Activity FDI Cap / Equity Entry Route Other conditions Relevant Press Note issued by D/o IPP www.dipp.gov.in 25. Telecommunications c. (a) ISP without gateway; (b) infrastructure provider providing dark fibre, right of way, duct space, tower (Category-I); (c) electronic mail and voice mail 100 Automatic up to 49% FIPB beyond 49% Subject to the condition that such companies shall divest 26% of their equity in favour of Indian public in 5 years, if these companies are listed in other parts of the world. Also subject to licensing and security requirements, where required. www.dotindia.com P N 9/2000 (Gauri Singh) Director F..No. 12/2/2006-FC New Delhi dated the 21st February 2007 Forwarded to the Press Information Bureau to give wide publicity to the contents of the above Press Release.