1. The above results were reviewed by the Audit committee and approved by the Board of Directors at its meeting held on April 20, 2009.

2. The Stand alone and Consolidated financial statements of the Company for the year ended March 31, 2009 were audited by the Statutory Auditors of the Company.

3. The board of directors has recommended an Dividend of 25% (Rs 1.25 per equity share of Rs 5/- each on equity share capital of the Company).

4. Staff Costs for the quarter ended March 31, 2009 was Rs 19,432.64 Lakhs (Quarter ended March 31, 2008 was Rs 18,878.88 Lakhs).

5. Provision for taxation includes current tax , deferred tax, fringe benefit tax and MAT.

6. The Company has not alloted any shares under Associate Stock option Plans of the Company during the Quarter ended March 31, 2009.

7. The company has divested its holding in AIG Systems Solutions Pvt Ltd for a consideration of Rs 2,306 lakhs during the year. Consolidated results for the year ended March 31, 2009 include a net gain of Rs 1,301.37 lakhs.

8. The Company has revisited the useful life of intangible assets and accordingly an additional sum of Rs 1,173.27 lakhs amortised during the year.

9. The Group has acquired SEEC Inc. a US based insurance Technology Solution Provider, during the year and the Group results for the year includes revenue of Rs 984.42 lakhs and profit Rs 80.00 lakhs of SEEC Inc.

10. Figures of the earlier periods, wherever necessary, have been regrouped to conform with those of the current periods.

R Srikanth
Executive Vice President & Chief Financial Officer

Arun Jain
Chairman & Managing Director