Former SEBI Chairman G N Bajpai joins Apnaloan Board

Company Brief

Mumbai, November 28, 2007

Apnaloan.com Services Private Limited today announced the appointment of Mr. Ghyanendra Nath Bajpai as a non-executive Independent Director on its Board. Mr. G N Bajpai was the chairman of SEBI till his retirement in 2005 and prior to that he capped his illustrious career at the Life Insurance Corporation of India (LIC) as its chairman.

Currently, Mr. Bajpai is a Member of Reserve Bank of India’s (Central Bank) Standing Technical Committee on Financial Regulation and Board of Advisors of Indian Army Group Insurance Fund. He has earlier served on the on the Board of Governors of the Indian Institute of Management (Lucknow) one of the most prestigious management Institute in India, and National Insurance Academy.

Welcoming him, Mr. Harsh Roongta, Founder and Director, Apnaloan.com Services Private Limited said, “We are delighted that Mr. Bajpai has agreed to be on our board. The promise of the Apnaloan business model is to bring the benefits of a personal finance supermarket to consumers, lenders, insurance companies, and savings and investment institutions will fructify much faster with the benefit of advice and guidance from a professional of the stature and standing of Mr. Bajpai”.

Mr. K P Balaraj, Managing Director of Sequoia Capital and Director Apnaloan.com said, “Mr. Bajpai transformed LIC and SEBI into companies that became global benchmarks. The same vision and drive will help Apnaloan attain world-class standards”.

Mr. Bajpai said “I am happy to associate as Non-Executive Independent Director with a group of budding entrepreneurs.”

For further information, please contact:

Apnaloan

Archana Pradhan,

The Source,

Tel: +91 22 24901327/28/30

Fax: +91 22 24901325

Mobile: +9820330505

archanapradhan@sourcepr.com

Shane Jacob

The Practice

Tele – 91 80 25203757

Mobile – 91 9886383051

Email – shane@the-practice.net