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 Online Media Centre  
eBay India appoints Ambareesh Murty as Country Manager

Mumbai, March 11, 2008: eBay India (www.eBay.in), India's leading online marketplace, announced the appointment of Ambareesh Murty as the Country Manager, eBay India with effect from March 11, 2008. In his new role, Ambareesh Murty will lead the eBay Portfolio in India, including the eBay India Marketplace and the eBay India Motors Marketplace.

Ambareesh Murty, Country Manager, eBay India said, "I am delighted to take on my new role and am looking forward to leading the strong eBay eCommerce business in India."

Ambareesh has been with eBay since December 2005 and over the last two years has held a variety of senior executive roles at eBay India. His most recent role was as Director - Marketing & Operations, eBay India.

Rajan Mehra, the current Country Manager, eBay India will be transitioning the role to Ambareesh Murty over the next few months and will subsequently be pursuing his entrepreneurial interests in the venture capital industry.

Rajan led the vibrant eBay eCommerce business in India as Country Manager since September 2005. Among other accomplishments he was responsible for conceptualizing and building a successful nationwide B2B Motors business - eBay India Motors Marketplace.

About eBay India

eBay India (formerly Baazee.com) is India's leading online marketplace. It is a unique and exciting marketplace with the largest person-to-person trading community in the country that offers the best consumer experience in an environment driven by high performance, constant innovation, teamwork and entrepreneurial opportunity.

eBay India, India's leading online marketplace, is a 100% subsidiary of eBay, The World's Online Marketplace. eBay India (formerly Baazee.com) was launched in India in 2000 & it has become one of India's leading online shopping destinations. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading.

About eBay

Founded in September 1995, eBay (Nasdaq: EBAY) is The World's Online Marketplace for the sale of goods and services by a diverse community of individuals and businesses. Today, the eBay community includes millions of registered users worldwide and a global presence in 39 markets, including the U.S. eBay provides an international platform where practically anyone can trade practically anything. At any given time, there are approximately 113 million listings worldwide, and approximately 6.7 million listings are added per day. eBay users trade in more than 50,000 categories.

eBay is The World's Online Marketplace®. 


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