Television

SifyMax to webcast the India Today Conclave, 2006 live

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Delhi: www.sifymax.in, India's leading broadband website from Sify Limited (Nasdaq National Markets: SIFY), a leader in Consumer Internet and Enterprise Services in India with global delivery capabilities, announced today the live webcast of the “India Today Conclave 2006” being held in New Delhi on March 10th and 11th.

This is the first time since its inception that the “India Today Conclave” will be webcast live on the Internet, and especially significant given this year’s theme of ‘Bridging the Digital Divide’. Commenting on this initiative Mr. Surya Mantha, Sr. Vice President, Portals Sify Ltd said, “It is very apt that, in the year when the much awaited annual India Today Conclave will be focusing on Bridging the Digital Divide, we are webcasting the event live.

The Internet is the foremost medium in terms of the democratization of information, and we are proud to be making the deliberations of this International Conclave available to Internet users around the world. As a forum for the free and frank exchange of ideas among political leaders, Nobel laureates, policy makers, writers, actors and the who's who of business, the India Today Conclave will enrich the experience of those attending the event, as well as those participating in this first ever webcast”.

The conclave will have both Indian and global ambassadors sharing their views including His Excellency Gerhard Schroeder, Former Chancellor of Germany, Her Majesty Queen Rania Al-Abdullah, Leader of the Opposition L K Advani, Union Minister for IT & Communications Dayanidhi Maran, leading economist Hernando De Soto, Corporate chieftains such as Y C Deveshwar, Nandan Nilekani, Professor Vijay Govindarajan of the Tuck School of Business and super stars Richard Gere, Shah Rukh Khan and Preity Zinta, in addition to many more. Bringing this event live to Internet users, in India and elsewhere, is very much in keeping with SifyMax’s objective of bringing the best possible broadband content on a wide range of subjects and interests to enhance the quality of their lives.

About Sify

Sify is a leader in Consumer Internet Access, Portals, and Enterprise Services in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure reaching 160 cities and towns in India. Consumer Services comprise Access Media- with the over 3000 strong iWay cyber café chain across 149 cities and towns and broadband access to homes, and Portals with one of India’s leading consumer portals www.sify.com , and India’s first broadband content portal www.sifymax.com . A significant part of the company's revenue is derived from Enterprise Services, which include corporate connectivity, network and communications solutions, security, network management services and hosting. A host of blue chip customers use Sify's Enterprise Service offerings. The company's network services, data center operations and customer relationship management are accredited ISO 9001:2000. For more information about Sify, visit www.sifycorp.com.

Forward Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with Sify’s business, please see the discussion under the caption "Risks Related to Our Business" in the company's report on Form 6-K for the quarter ended September 30, 2005, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov.

For further information please contact:

Mr. David Appasamy

Neeta Bhattacharyya

/ Gaurvi Khanna

Chief Communications Officer

Madison PR

Sify Limited



Cell -9899131558 /

9811912311

Phone: 91-44-2254 0770 Extn: 2013

Ph - 42491301 /06

Email: david_appasamy@sifycorp.com

neeta@del.madisonindia.com

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