Pelican Rubber Ltd. Gets IndiaMART Leaders of Tomorrow Award 2010-Auto/Automobile Category

NEW DELHI, December 13, 2010 -

    - As a Proud Director of the Company, Mr. Kapil Agarwal Receives the
      Award From Honorable Union Minister of Home Affairs Mr. P. Chidambaram

    - Winner Thanks IndiaMART.com & ET NOW for Recognition of Their Hard Work

Personifying innovation and commitment, Pelican Rubber Ltd. was announced
the Leader of Tomorrow - Auto/Automobile category at the recently held
IndiaMART Leaders of Tomorrow Awards 2010 Ceremony in New Delhi. Following a
process of intense evaluation by the Jury and tough competition from various
nominations in the category, Mr. Kapil Agarwal, Director, Pelican Rubber Ltd.
was proud to receive the prestigious award from the chief guest Honorable
Union Minister of Home Affairs Mr. P. Chidambaram. The Awards Ceremony was
successful at recognizing and rewarding the best talents in the Micro, Small
and Medium Enterprise (MSME) sector.

Delighted by the entire experience, Mr. Kapil Agarwal, Director, Pelican
Rubber Ltd. said, "I am honored and proud to receive the award from the hands
of Mr. Chidambaram Ji. The efforts taken by complete Pelican family on behalf
of every individual. I thank you all. We deserve it. It's been a wonderful
journey."

Extending congratulations to the winning company, Mr. Dinesh Agarwal,
Founder and CEO, IndiaMART.com said, "Pelican Rubber Ltd. has all what it
takes to be a winner of the Leader of Tomorrow Award for the auto/automobile
category. I congratulate Mr. Agarwal on the win and wish him all the best for
success in the future too."

Mr. Kapil Agarwal, Director, Pelican Rubber Ltd. comes with over a
decade's experience in tyre and tube industry. He is the man of conviction
and believes innovation is the only way to stay and surge ahead in the most
competitive environment. He firmly believes in upgrading the facilities and
changing strategies in line with the market trends and demands. This is what
has kept Pelican Rubber ahead of the competition.

About Pelican Rubber Limited

Pelican Rubber Ltd. sprang to life in 1994 and is the manufacturer of
Automobile Butyl Inner Tubes and Curing Bags. With exports facility to more
than forty countries, Pelican Rubber Limited tubes help millions arrive at
their destination safely. Being a quality conscious high performer, Pelican
is the first tube company to be certified with ISO 9001:2008 & ISO/TS
16949:2002. It is recognized as Star Export House by Ministry of Commerce &
Industry, Govt. of India. The company has responded positively to all new
challenges and has been delivering to clients regardless of market locations
throughout the world. It is also proud recipient of CAPEXIL and AIRIA'S
Exports Awards for the last 11 years.

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