MD of Yahoo! India Resigns

Bangalore

Yahoo! India on Monday announced the resignation of its Managing Director,
George Zacharias. George has been with Yahoo! India since January 2006 and is
moving on to pursue his own entrepreneurial interests. Keith Nilsson, VP -
International Emerging Markets, based out of Singapore will step in to head the
Yahoo! India leadership team.

"Yahoo! India has been growing at a robust pace and the journey has been
both challenging and rewarding. This decision has been a tough one but as I
leave a well -oiled, strong leadership team and move on to set up a young
organization, I wish to thank Yahoo! for all the support during my tenure

and know that Yahoo! India will continue to scale greater heights as the leading
internet company in this country," said George Zacharias.

George will continue to work with the leadership team over the next 4-6 weeks
to ensure a smooth transition.

Keith Nilsson, VP - International Emerging Markets said, "We wish George
success in achieving his personal goals. As India continues to be a major focus
for Yahoo!, we are excited about the aggressive pace that we have set ourselves
to realize the enormous opportunities in this market, and grow the business both
organically and inorganically"