SCHEDULE 14A INFORMATION

                  Proxy Statement Pursuant to Section 14(a) of
            the Securities Exchange Act of 1934 (Amendment No.    )

    Filed by the Registrant / /
    Filed by a party other than the Registrant / /

    Check the appropriate box:
    / /  Preliminary Proxy Statement
    / /  CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE
         14a-6(e)(2))
    / /  Definitive Proxy Statement
    /X/  Definitive Additional Materials
    / /  Soliciting Material Pursuant to Section 240.14a-12

                           Netsol International, Inc.
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                (Name of Registrant as Specified In Its Charter)

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    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

/X/  No fee required.

/ /  Fee computed on table below per Exchange Act Rules 14a-6(i)(4)
     and 0-11.

    (1) Title of each class of securities to which transaction applies:

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    (2) Aggregate number of securities to which transaction applies:

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    (3) Per unit price or other underlying value of transaction computed
        pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
        filing fee is calculated and state how it was determined):

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/ / Fee paid previously with preliminary materials.

/ / Check box if any part of the fee is offset as provided by Exchange Act Rule
    0-11(a)(2) and identify the filing for which the offsetting fee was paid
    previously. Identify the previous filing by registration statement number,
    or the Form or Schedule and the date of its filing.

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NETSOL INTERNATIONAL FILES DEFINITIVE PROXY STATEMENT
RELATING TO JUNE 19, 2001 SPECIAL MEETING OF STOCKHOLDERS

CALABASAS, Calif.--(BUSINESS WIRE)--June 8, 2001--NetSol International, Inc.
(NASDAQ: NTWK, WWW.NETSOL-INTL.COM) today announces that it filed its definitive
proxy materials with the SEC in connection with the special meeting to be held
in response to NetSol Shareholder Group LLC's proxy solicitation. NetSol
International and the shareholder group agreed that the meeting date would be
changed from June 11, 2001, to June 19, 2001.

The Company urges its stockholders to read the entire proxy statement because it
contains important information. Additional copies of the Company's definitive
proxy statement will be available free of charge from MacKenzie Partners, Inc.
at (800) 322-2885 or [email protected].

NetSol International Inc. is an ISO-9001 certified software developer in the
global information technology industry. With an international workforce of more
than 400 employees, NetSol specializes in software development, proprietary and
asset-based leasing and finance programs, IT consulting, and creation of
eBusiness and Web-based solutions for a growing list of blue-chip customers
worldwide. Clients include Daimler Chrysler Taiwan; Mercedes Benz Financing,
Australia; Mercedes Benz Leasing, Thailand; CFS Groups U.K., St. George Bank,
Australia; GMAC in Australia, and Debis Porfolio Systems, U.K. For more
information about NetSol and its subsidiaries, visit the company's web site at
www.netsol-intl.com.

Safe Harbor Statement

This release contains forward looking statements relating to the development of
the Company's products and services and future operation results, including
statements regarding the Company that are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
projected. The words "believe," "expect," "anticipate," "intend," variations of
such words, and similar expressions identify forward looking statements, but
their absence does not mean that the statement is not forward looking. These
statements are not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict. Factors that
could affect the Company's actual results include the progress and costs of the
development of products and services and the timing of the market acceptance of
those products and services. A more detailed description of certain factors that
could affect actual results include those factors discussed in the Company's
filings with the United States Securities and Exchange Commission, including its
annual report on Form 10-KSB and quarterly reports on Form 10-QSB. NetSol
International Inc. undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or circumstances
after the date of this release or to reflect the occurrences of unanticipated
events. Readers are cautioned not to put undue reliance on forward-looking
statements, which speak only as of the date of this release. The company
disclaims any intent or obligation to update publicly these forward-looking
statements, whether as a result of new information, future events or for any
other reason.

CONTACT:
     Cramer-Krasselt
     Amy Dolnick, 312/616-3823
     [email protected]