Subject: ESPN acquires Cricinfo effective from June 8, 2007

The Wisden Group has agreed to sell Cricinfo to ESPN, one of the world's leading multimedia providers of sports content and entertainment.

Cricinfo and ESPN have worked together for a number of years so there is an existing relationship between the two businesses.

They are delighted to be acquiring Cricinfo, as their existing, highly regarded online sports portfolio does not include a dedicated cricket site.

Cricinfo has developed and flourished over the last three or four years and we are a strong and successful business.

The Wisden Group board has decided to sell now because they believe that Cricinfo will flourish in an environment dedicated to sports broadcasting and entertainment.

Also that Cricinfo can be an important element of ESPN's international development and sees fantastic benefits for Cricinfo in terms of content as well as in terms of expertise and experience in our core business.

ESPN is a multinational business with offices around the world, but for the immediate future Cricinfo offices will continue to operate normally and there will be no changes to the day-to-day running of the business.

Launch of NFO "Reliance Equity Advantage Fund- An open-ended Diversified Equity Scheme "

NFO dates
Opens on: 12th June 07
Closes on: 10th July 07A brief on the product...

Sector weightage of Reliance Equity Advantage Fund will mirror exactly that of Nifty on a
Monthly basis.

80% of stocks within each sector will be constituents of Nifty, though not necessarily with their Nifty weights

20% of stocks can be non-Nifty in each sector to provide the additional Alpha possibilities and opportunities

Flexibility of going short exists, but on a net basis sector weightages will be maintained in line with Nifty