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FY2008-2009

Guernsey Airtel launches services

New Delhi, March 26, 2008: Guernsey Airtel, a subsidiary of the Bharti Group, today announced the launch of its mobile services in Guernsey (Channel Islands, Europe). The Company will offer market-leading products and services under the Airtel-Vodafone brand to customers on the Island.

Commenting on the launch, Mr. Sunil Bharti Mittal said, “We are happy to launch our services in Guernsey and expand our footprint in Channel Islands. Our services in Jersey have been well received by customers and we are looking forward to delighting customers in Guernsey. We are committed to bringing the best in class services to customers and adding value to the community and businesses on the Island.”

Airtel-Vodafone has launched a range of innovative new products and services and highly competitive price plans offering the Guernsey customer real value and choice. The new services include Voice Mail services which allow voice mail messages to be accessed through a customer’s email; a Missed Call Alert service letting customers know who called even when the phone is switched off; an E-Bill service which gives up to date billing information and a new phone to phone method of topping up for pre-paid customers.

Together with these services Airtel-Vodafone has launched with simple and easy to understand price plans which will re-shape boundaries and break barriers. Contract bundles include minutes to all Channel Island mobiles and fixed lines, and to UK and Guernsey fixed lines. Customers are also being offered significant discounts if they choose to keep their existing handset, thus offering real choice. A Pay-As-You-Go offer has been launched for pre-paid customers, offering flat rates across all networks in Channel Islands, the UK and the EU and a 1p flat rate to call or text any Airtel-Vodafone mobile.

Bharti made its debut in Europe (Channel Islands) last year with launch of mobile services under the Airtel-Vodafone brand in Jersey in June 2007.

About Bharti

Bharti Enterprises is one of India’s leading business groups with interests in telecom, agri business, insurance and retail. Bharti has been a pioneering force in the telecom sector with many firsts and innovations to its credit. Bharti Airtel Limited, a group company, is one of India’s leading private sector providers of telecommunications services with an aggregate of 61.91 million customers as of end of February 2008, spanning Mobile services, Telemedia services and Enterprise services. Bharti Airtel has been ranked amongst the best performing companies in the world in the BusinessWeek IT 100 list 2007. Bharti Teletech is the country’s largest manufacturer and exporter of telephone terminals. Bharti has a joint venture - FieldFresh Foods (P) Ltd – with Del Monte Foods India Pvt. Ltd., to offer fresh and processed fruits and vegetables in the domestic as well as international markets including Europe, USA and Middle East. Bharti has a joint venture - Bharti AXA Life Insurance Company Ltd. - with AXA, world leader in financial protection and wealth management. Bharti also has a joint venture for an asset management company - Bharti AXA Investment Managers Private Ltd. - with AXA IM and AXA APH. Bharti has recently forayed into retail business under a company called Bharti Retail Pvt. Ltd. It also has a joint venture - Bharti Wal-Mart Private Ltd. - with Wal-Mart for wholesale cash-and-carry and back-end supply chain management operations in India.