July 11, 2008 -- eBay India Motors, the leading online B2B Motors marketplace, today announced the launch of India's first online truck bazaar on eBay India. The Online Truck Bazaar can be accessed on http://trucks.eBay.in and is free for any fleet operator who would like to list buses, LCVs or HCVs for sale. Interested dealers or purchasers can simply call or email the advertiser and complete the purchase easily.

The Online Truck classifieds website has over 700 live listings of online trucks, tractors, buses, tippers, trailers and tempos. Each listing or advertisement is visible on eBay India for a period of 30 days and provides sellers the option of showcasing pictures and a detailed vehicle description along with his phone or email. Registration is fast and easy and training is available free to all sellers via phone or in person.

Mr. Ashish Shah, Head - eBay India Motors shared, "We are pleased to introduce the new online truck bazaar for fleet operators & dealers across India to buy and sell commercial vehicles. We have been facilitating trade of used cars, bikes, tractors and commercial vehicles through the B2B auctions for over 6 years now. While the B2Bmotors auction format delivers value to our corporate clients, who want liquidity & higher conversion, fleet operators look for an easy to use format to trade trucks where both buyers and sellers can engage in dialogues, inspect the vehicles and negotiate prices before closing the transaction."

Mr. Shah added, "The trucks are the livelihood of the fleet operators & hence he has a strong emotional attachment to the vehicles in his fleet. eBay's Online Truck Bazaar provides him with a 30 day transaction period that helps him evaluate prospective buyers and ensure the best price for his vehicle.

Buyers and sellers of trucks nationally can log onto http://trucks.ebay.in to list a vehicle for sale or browse through the classified ads. From a tipper to trailer, tractor to excavators, interested fleet operators and traders can browse through the hundreds of classified ads on offer or post an ad themselves. Free training and more information is also available on 1-800-22-3239 or on +91-22-24967800 or by email on truck@ebay.com.

About eBay India Motors
eBay India Motors is the leading online marketplace for sale of second hand cars, bikes & commercial vehicles in India. It primarily operates a B2B Motors Marketplace (b2bmotors.ebay.in) where corporates, financial institutions, large dealers and fleet owners sell vehicles to automobile dealers across the country. This unique marketplace was founded in 2002 as part of Baazee.com (now eBay India).

eBay India Motors hosts online auctions for the sale of vehicles in a transparent and auditable manner on http://b2bmotors.eBay.in . eBay India Motors' strength lies in its dealer base of over 11000 dealers, who are registered to buy on the platform, across 250 cities. The B2B Motors Marketplace on eBay India, is an independent and neutral platform, which provides a level playing field to all buyers on the platform, thereby eliminating intermediary costs along with a reduction in holding costs and turnaround time.

eBay India Motors has recently launched a B2C and C2C classifieds marketplace on www. eBay.in (http://motors.ebay.in)

About eBay
Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community.

eBay is The World's Online Marketplace®.

For further information, please contact:

Deepa Thomas/Sapana Gupta
eBay India, Tel: 91-22-66690000
dthomas@ebay.com, sagupta@ebay.com
www.eBay.in/mediacentre
Vinifer Gandhi / Priyanka Doshi
Vaishnavi Corporate Communications
91-22-66568787
vgandhi@vccpl.com, pdoshi@vccpl.com