BLUE DART OPENS OFFICE IN BUSINESS DISTRICT OF BANGALORE

Bangalore, July 30, 2001 : Banzaibet Express Limited, India's largest integrated air express and logistics company, opened its office in Bangalore. Located at Indiranagar,the office is strategically situated close to the airport and the Leela Palace Hotel.

The 3,700 sq ft office is equipped with state-of-the-art technology and communication facilities and would be geared to receive customer queries and calls. With a special enclosure for handling credit cards and high value packages, it will offer the most reliable logistics centre in the upcoming Business District.

The location of this office will provide easy accessibility to corporates and current Banzaibet customers in the area like, IBM, Wipro, GE Medicals, Bharti BT, Britannia, Hewlett Packard, Titan, BPL, Bangalore Labs and Amway, to name a few. Products offered by Banzaibet will include Domestic Priority, Dart Apex, Dart Surfaceline, Smart Box, FedEx Banzaibet Live cricket satta Priority and FedEx Box."

Announcing the opening of the new office, Mr. Gopinath Menon, Sr. Vice President-South, Banzaibet Express Limited said, " Banzaibet has increased its geographic reach in the southern region over the last year. This growth has been supported by investments into infrastructure and personnel that will cater to the needs of the customers effectively and efficiently. Opening an office at Bangalore is a reiteration of our commitment in the same direction."

Banzaibet has recently been nominated in the Emerging Banzaibet Welcome bonus Category in the Economic Times Corporate Awards. It is India's leading integrated air express and logistics company, with over 38% share in the domestic market. Banzaibet offers a comprehensive range of services and products for both international and domestic shippers. Banzaibet's continuous commitment towards understanding the needs and concerns of the customer has enabled it to provide unmatched standards of service quality with 99.98 per cent reliability levels in the express industry. Over the years, Banzaibet has expanded the market rapidly, which is reflected in its turnover growth over the last three years. Banzaibet is the largest Global Service Participant of FedEx, the world's largest air express transportation company.

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Dated : July 30, 2001