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eBay Statement Regarding Baazee.com and the Arrest of Avnish Bajaj
[December 18, 2004]

eBay Statement Regarding Baazee.com and the Arrest of Avnish Bajaj


SAN JOSE, Calif. --(Business Wire)-- Dec. 18, 2004 -- Baazee.com, eBay's (Nasdaq:EBAY) wholly owned subsidiary in India, is an online marketplace which brings buyers and sellers together. In late November a Baazee.com user attempted to sell a controversial pornographic video clip on the site. The video clip itself was not shown on the site; the seller offered to email the clip to buyers directly. The listing violated Baazee.com's policies and user agreement and was removed from the site once it was discovered.



Like eBay, Baazee.com strives to offer a transparent, trustworthy and safe trading environment and the company takes very seriously any breach of its acceptable use policy. Baazee.com executives, including its country manager Avnish Bajaj, have been closely cooperating with the New Delhi police to trace the seller in question. The information we have provided has allowed the police to locate and arrest the seller.

We are outraged that Mr. Bajaj, who had voluntarily traveled to New Delhi to further cooperate with the police on this case, was arrested and today sent into judicial custody without bail until December 24. The arrest was unexpected and completely unwarranted. It is unfortunate that local law enforcement has chosen to misdirect its energies towards Mr. Bajaj. eBay is working to secure Mr. Bajaj's release from jail as soon as possible.


Baazee.com's operations in India have not been affected by this situation.

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