Telnic Limited to Offer .tel Domains Through MySpace

LONDON - Telnic Limited (www.telnic.org), the registry operator
for the new communications-focused .tel top level domain (TLD), is pleased to
announce today that MySpace, the world’s premiere social portal, will now be
offering .tel domains to its members.

MySpace’s 130 million active users, with over 20 million
unique monthly users accessing the community via mobile devices, will now be
able to take advantage of the .tel to better promote their MySpace page in
organic search results from any device. At the same time, users can use the
.tel domain to securely share their more private contact information with
non-MySpace users who wish to contact them.

“We’re delighted that MySpace will be offering .tel domains to
its community, enabling them to more quickly and easily manage all aspects of
their online life,” said Khashayar Mahdavi, CEO of Telnic Limited. “MySpace
is exactly the type of partner that has the foresight to see the .tel as a
complementary product, providing choices as social networkers adopt new modes
of communication while they continue to enjoy the benefits of MySpace.”

In partnerships with several ICANN accredited registrars,
MySpace will be offering .tel domains to its community for US$19.99 per year
starting on March 25th.

About Telnic

Founded in 2000, Telnic Limited is the UK-based Registry
Operator and Sponsoring Organization for the new .tel sponsored top level
domain (sTLD). For more information regarding the .tel domain or Telnic
Limited, please visit www.telnic.org.

About MySpace

MySpace is the world’s leading social portal for connecting
people, content, and culture. MySpace empowers its global community to
experience the Internet through a social lens by integrating personal
profiles, photo sharing, professional and viral videos, blogs, mobile,
instant messaging, and the world’s largest music community. MySpace is the
highest trafficked website in the United States and includes an international
network of more than 30 local community sites throughout North America, Latin
America, Europe, Asia, and Australia. Fox Interactive Media is a division of
News Corporation. (NASDAQ: NWS - News, NWSA - News; ASX:NWS - News, NWSLV -
News).

Source: Telnic Limited

Contact: Chris Owen, Senior Account Manager, Edelman London, Tel: +44(0)20-30-472036, Email: chris.owen at edelman.com