Reliance Industries : Media Release issued by Reliance Jio Infocomm Limited, a subsidiary of the Company

April 6, 2021
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Plot No. C/1, G Block,
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Mumbai 400 001	Bandra (East), Mumbai 400 051
Scrip Code: 500325 / 890147	Trading Symbol: RELIANCE / RELIANCEPP
Dear Sirs,
Sub: Media Release

Please find attached a media release by Reliance Jio Infocomm Limited, a subsidiary of the Company, titled "RELIANCE JIO ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT FOR

TRADING OF RIGHT TO USE SPECTRUM IN THE 800MHz BAND WITH BHARTI AIRTEL LIMITED IN ANDHRA PRADESH, DELHI AND MUMBAI CIRCLES".

This is for your information and dissemination on your website.

Thanking you,

Yours faithfully,

For Reliance Industries Limited

Savithri Parekh

Joint Company Secretary and Compliance Officer

Copy to:
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CIN- L17110MH1973PLC019786

MEDIA RELEASE

RELIANCE JIO ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT FOR

TRADING OF RIGHT TO USE SPECTRUM IN THE 800MHz BAND WITH BHARTI

AIRTEL LIMITED IN ANDHRA PRADESH, DELHI AND MUMBAI CIRCLES

JIO ENHANCES SPECTRUM FOOTPRINT IN 800 MHZ BAND TO 2X15MHz IN MUMBAI CIRCLE AND 2X10MHz IN ANDHRA PRADESH AND DELHI CIRCLES

Mumbai, April 6, 2021: Reliance Jio Infocomm Ltd ("RJIL") announced today that it has entered into a definitive Agreement with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading. Circle wise details of the traded spectrum is provided below:

Circle	800 MHz band
	(FDD)
Andhra Pradesh	3.75
Delhi	1.25
Mumbai	2.50
Total	7.50

The trading agreement is in accordance with the Spectrum Trading Guidelines issued by the Department of Telecommunications and is subject to the requisite regulatory and statutory approvals. The aggregate value for the right to use this spectrum is Rs. 1,497 crores, inclusive of present value of associated deferred payment liablity of Rs. 459 crores, subject to any transaction related adjustments.

With this trading of right to use spectrum, RJIL will have 2X15MHz of spectrum in the 800MHz band in Mumbai circle and 2X10MHz of spectrum in the 800MHz band in Andhra Pradesh and Delhi circles, thereby further consolidating its spectrum footprint in these circles. With the enhanced spectrum footprint, especially contiguous spectrum, and superior infrastructure deployed, RJIL has further increased its network capacity.

The transaction is subject to the requisite regulatory and statutory approvals.

About Reliance Jio Infocomm Limited:

Reliance Jio Infocomm Limited, a subsidiary of Jio Platforms Limited, has built a world- class all-IP data strong future proof network with latest 4G LTE technology. It is the only

network conceived and born as a Mobile Video Network from the ground up and supporting Voice over LTE technology. It is future ready and can be easily upgraded to support even more data, as technologies advance on to 5G, 6G and beyond.

Jio has brought transformational changes in the Indian digital services space to enable the vision of Digital India for 1.3 billion Indians and propel India into global leadership in the digital economy. It has created an eco-system comprising of network, devices, applications and content, service experience and affordable tariffs for everyone to live the Jio Digital Life. As part of its customer offers, Jio has revolutionised the Indian telecom landscape by making voice calls for Jio customers absolutely free, across India, to any network, and always. Jio makes India the highest quality, most affordable data market in the world so that every Indian can do Datagiri.

For further information, please contact:[e-mail] 022 - 4475 3591