Pradeep Gupta picks up Dice India Holdings' stake in Cybermedia tech job portal

Mumbai

February 11th, 2008

CyberMedia group founder Pradeep Gupta has picked up the stake of Dice India
Holdings, Inc. (a subsidiary of the US-headquartered Dice Holdings Inc.) in
CyberMedia Dice Careers.

CyberMedia Dice Careers, a subsidiary of publicly listed CyberMedia India,
will be renamed as CyberMedia Careers with CyberMedia India and Pradeep Gupta as
the key stakeholders.

The CyberMedia job portal, focused exclusively on the IT job sector, has over
680,000 registered job seekers / users. This makes CyberMedia portal the largest
job portal focused exclusively on the IT jobs in the country. (As per Dataquest
research estimates, India had 1.3 million IT professionals at the beginning of
2008). The CyberMedia tech job portal achieved this number as a result of a
joint offering of Dice India Holdings, Inc. and CyberMedia. The two companies
came together in October 2004 to fill in this gap.

CyberMedia Group Chairman Pradeep Gupta, said, "With this change in the
ownership pattern, we would like to reward our 680,000 registered job seekers /
users with several innovative services."

CyberMedia Tech Job portal aspires to offer unique services to the 680,000
registered job seekers / users on our site to further enhance their careers in
the technology domain. It will help the hiring companies to source and recruit
the most qualified technology professionals.