FEI Cargo Ltd. is the Proud Recipient of IndiaMART Leaders of Tomorrow Award 2010 -Transport & Logistics

Mr. Abhijeet P. Nair Overwhelmed on Receiving the Honor From Honourable Union Minister of Home Affairs Mr. P. Chidambaram

NEW DELHI, December 14, 2010 - Its commitment to provide excellence and value-addition to customers has
led FEI Cargo Ltd. to garner IndiaMART Leaders of Tomorrow Award 2010 in the
Transport/ Logistics category. The Awards Ceremony held recently in New Delhi
saw the Honourable Union Minister of Home Affairs Mr. P. Chidambaram bestow
this recognition to Mr. Mr. Abhijeet P. Nair, Director, FEI Cargo Ltd. The
Ceremony brought forward the entrepreneurial accomplishments and unravelled
the best talents in the Micro, Small and Medium Enterprise (MSME) sector.

Elated to receive the Award, Mr. Abhijeet P. Nair, Director, FEI Cargo
Ltd., said, "It is a big moment for me and FEI Cargo. Thank you ET NOW and
IndiaMART.com for recognizing our efforts to excel. Thank you members of the
FEI family which includes our present and past employees, the share holders,
our customers and our vendors for being instrumental in making us to reach
this stage. We will continue the good work to stay up in the forefront in
excellence and efficiency in whatever we do in the future."

Sharing his words of appreciation, Mr. Dinesh Agarwal, Founder and CEO,
IndiaMART.com, said, "It gives me immense pride to see the efforts of MSMEs
being rewarded. I extend my heartiest congratulations to Mr. Nair who is a
shining example to thousands of budding entrepreneurs to take up
entrepreneurial roads."

Following in the footsteps of his father, Mr. Pratap Nair, CEO, FEI Cargo
Ltd., Mr. Abhijeet P. Nair too, believes in offering value to the customer
through innovation and effective use of technology. Maintaining relationship
and harnessing the highest potential of the team is his forte. He believes
team work is the fuel that allows ordinary people to achieve extraordinary
results. With the dynamism and vision of Mr. Nair, FEI Cargo Ltd. has become
internationally acclaimed logistics group.

Various entries were received in this category. The daunting
task of evaluating the overwhelming entries received was on the shoulders of
the eminent Jury which comprised of celebrated business personalities. Led by
Mr.Shiv Nadar, Chairman and Chief Strategy Officer, HCL Technologies, the
Jury panel included Mr. Gautam Thapar, Chairman and CEO Avantha Group; Mr.
Kushagra Bajaj, Promoter and Joint Managing Director, Bajaj Hindustan Ltd;
Mr. Jagdish Khattar, Chairman and Managing Director, Carnation Auto India
Pvt. Ltd.; and Mr. Uday Kumar Varma, Honourable Secretary, Ministry of MSMEs.

About FEI Cargo Ltd.

FEI Cargo Ltd. is an an aspiring Indian Multinational and is at par with
the best in the business and a leader in terms of cost-effectiveness. As a
complete solution provider, FEI Cargo Ltd., organizes the distribution of
logistics and supply chain management services, taking care of storage,
inventory, picking and packing operations. Through strategically located
warehousing facilities across the globe, the company also takes care of
customs clearance, warehousing and distribution of import, export door to
door shipments. It has also won prestigious awards such as International Arch
of Europe Gold Award for quality and excellence and Best Service Provider
Award by Hitachi Home and Life Solutions (I) Ltd. 2005.

About IndiaMART.com

IndiaMART.com is India's largest online B2B marketplace connecting global
buyers with suppliers through business directories, online product catalogs,
buy-sell offers, industry specific marketplaces, printed media and trade
shows participation.

Founded in 1996 by Mr. Dinesh Agarwal (CEO), the company has a pan-India
presence in over 100 cities. With over 2400 employees located across 55
offices in the country, IndiaMART.com offers an extensive range of value-
added products and services to its 1 million registered members and nearly 5
million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely
covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld,
Economic Times, Financial Express, etc for its pioneering role in promoting
SME business in the country. Its existing investors include Intel Capital and
Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit:
www.indiamart.com/press-section & www.leaders.economictimes.com

About ET NOW

ET NOW leverages the power of 'Brand ET' which has a five decade old
heritage. ET NOW brings complete perspective to news with the most
influential business minds, the biggest global voices bringing the global
perspective. ET NOW is taking giant strides towards leadership, and with
specific focus on news and analysis the channel is poised to become
synonymous with Corporates and real time investors.

    Media Contacts
    Pawandeep Kaur
    Manager - PR
    T: +91-120-3911000
    F: +91-120-2424943
    E: pr@indiamart.com

Media Contacts: Pawandeep Kaur, Manager - PR, T: +91-120-3911000, F: +91-120-2424943, E: pr at indiamart.com