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    Dear Sir/Madam,
    Re: Times Internet Ltd of India and GoConnect Ltd of Australia target to
    dominate mobile media in India with m-Vision mobile video services
    GoConnect Australia Pty Ltd, a wholly owned subsidiary of GoConnect Ltd (“GCN”),
    has entered into a marketing and distribution partnership agreement with Times
    Internet Ltd, a wholly owned subsidiary of the largest media group in India, The
    Times Group, to promote and expand GoConnect’s m-Vision mobile video services to
    the Indian market.
    The Times Group is widely recognized by its flagship national daily, The Times of
    India, with a readership of more than five million all over India, and is one of the
    world's six greatest newspapers. For further information on this partnership, please
    refer to the attached official joint press release.
    Yours sincerely
    Richard Li
    Chairman
    Media Release Delhi/ Melbourne - 24 December 2004
    Times Internet Ltd of India and GoConnect Ltd of
    Australia target to dominate mobile media in India
    with m-Vision mobile video services
    The mobile video service scenario in India is set for a radical makeover with Times
    Internet Ltd (TIL) entering into a major marketing and distribution partnership agreement
    with GoConnect Australia.
    The m-Vision service will broaden the reach of The Times Group's existing fixed line
    Internet audience and allow subscribers to access broadcast quality video content through
    the m-Vision mobile delivery platform.
    
    "It's an exciting venture and we will be able to redefine the rules of the game in the
    interests of the consumers," said Mahendra Swarup, CEO, TIL.
    TIL's flagship online media property, www.indiatimes.com is India's largest web portal,
    with over 30 million monthly unique visitors, and also has content sourcing relationships
    with most leading Indian music labels and Bollywood production houses. 
    "Today our 8888 SMS is the most popular content service provider with 75 per cent
    market share in India and a daily usage of over 1.5 million messages. Through the m-
    Vision platform, The Times Group's marketing power, and our ability to source
    compelling video content from the Indian music industry and Bollywood, we aim to
    dominate the mobile media industry in India by taking it to a new multimedia level," said
    TN Prabhu, General Manager (Telecom), TIL.
    TIL, the wholly owned subsidiary of The Times Group, the largest media group in India,
    and GoConnect Australia, a wholly owned subsidiary of the Australian Stock Exchange
    listed GoConnect Ltd (GCN), are targeting the explosive growth of the mobile user base
    in India. 
    The existing 45 million mobile users are set to more than double next year. In fact, the
    growth this year alone will touch 65 per cent with 1.5 million mobile customers being
    added to the network each month - more than 37 million phones are expected to be sold
    in 2005.
    "We are delighted to be able to partner with such a substantial media group and we look
    forward to expanding our existing content portfolio, sourced from famous brands
    including ABC TV, ABC Asia Pacific, and Naked News, to include Bollywood and
    Indian music content. Our partnership may well be extended to include a number of
    significant Windows Mobile device vendors in the future," said Richard Li, Chairman,
    GoConnect Ltd.
    The partnership will also be able to expand the m-Vision subscriber base and advertising
    revenue by leveraging upon The Times Group's significant offline and online media
    properties and customer base from all over the world, including both the local and
    expatriate Indian communities.
    Media enquiries
    GoConnect: Anthony Voglis, call: +61 3 9993 7000 or,
    Email: [email protected]
    www.m-vision.tv
    Times Internet Ltd: Srinivas Gopal
    Chief Manager-Telecom, Call: +91-22-56353759
    Email: [email protected]
 
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