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DEN Networks Limited

IMPORTANT: You must read the following disclaimer before continuing.

The following disclaimer applies to the prospectus of DEN Networks Limited (the "Company') hosted on this web site. You should read this disclaimer carefully before reading, accessing or making any other use of the attached prospectus. Prospective investors should read the Prospectus/seek professional advice before taking any actions. Deutsche Equities India Private Limited (“Deutsche”) does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Prospectus. In accessing the prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. In accordance with restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the offering may not be permitted to residents of certain jurisdictions. Accordingly, the offering related information on this site is not available to all jurisdictions. The information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country other than India, or where distribution or use of such information would be contrary to law or regulation or where Deutsche would by virtue of such distribution become subject to new or additional registration requirements. In particular, these materials are not for distribution in the United States, Canada, Australia, Japan or the United Kingdom. If you view the attached document, you hereby represent to Deutsche and its affiliates, directors, officers and employees (together, the "Affiliates") that you are a resident of India and that you are not accessing this web site from within the United States, Canada, Australia, Japan or the United Kingdom. Any subscription to the offering must comply with all relevant laws, rules and regulations. Please note that forms downloaded and used for subscription to the offering in contravention of these terms and conditions are liable to be rejected, with no recourse to Deutsche or the Company.

The equity shares of the Company have not been, and will not be, registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. In particular, the equity shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States absent registration under the Securities Act or unless the offer and sale are exempt from registration under such Act. Accordingly, the equity shares of the Company will be offered and sold only outside the United States in compliance with Regulation S under the Securities Act and the applicable laws of the jurisdictions where those offers and sales occur. Therefore, this is not an offer for sale of, or a solicitation of an offer to buy, any equity shares or any of other securities of the Company in the United States.

The prospectus has been made available on this web site in electronic form solely to comply with Regulation 60(3)(b) of the Indian SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. Deutsche, as a Book Running Lead Manager has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this Site are identical to the Prospectus filed with Registrar of Companies. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Deutsche nor any of its Affiliates accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the prospectus in electronic format. Any other information contained in, or that can be accessed via our web site does not constitute a part of the prospectus.

The contents of the prospectus are for your information only. Neither Deutsche nor its Affiliates represent that the material is accurate or complete beyond the date of its filing with the Securities and Exchange Board of India (“SEBI”) and does not guarantee the accuracy, timeliness or completeness of the information being made available to you in it beyond that date.. The information contained in the prospectus has not been updated since its original publication date and may not reflect the latest updates with respect to the Company. You are not authorized and you may not copy or duplicate all or any part of the prospectus in any form by any means, or redistribute it to any other person. Neither Deutsche nor its Affiliates are soliciting any action based on this electronic transmission, and nothing herein constitutes an offer or an invitation to subscribe for or purchase any of the securities described in the prospectus and should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security.

Neither Deutsche nor its Affiliates will be responsible for any loss or damage that could result from interception by third parties of any information being made available to you through this web site. Deutsche and its Affiliates cannot and do not guarantee the accuracy, validity, timeliness or completeness of any information or data being made available to you for any purpose.

Neither Deutsche nor any of its Affiliates will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this web site, or resulting from any act or omission of any other party involved in making this web site or the data contained herein available to you, or from any other cause relating to your access to, inability to access, or use of the web site or the materials contained herein.

Please be advised that to view information on this site, you must accept the conditions of the legal disclaimer."

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Last Update: April 15, 2010
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