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Azim Premji, Chairman of Wipro is one of BusinessWeek’s "Greatest Entrepreneurs of All Time"
   
 
Bangalore, India, July 11, 2007
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that Azim Premji, chairman of Wipro Ltd was recently named by BusinessWeek as one of the "Greatest Entrepreneurs of All Time". Premji has been recognized for his vision and leadership that has been responsible for Wipro emerging as one of the world’s fastest growing companies. Premji is the only India to make it to the list.

The list that honors the ideas and innovation of the world’s 30 most influential men and women and includes 15th century explorer Admiral Zheng H to present day leaders like Bill Gates, Oprah Winfrey, Steve Jobs and Michael Dell to name a few.

Azim Premji was highlighted for his success in turning a $3 million vegetable oil company to a global leader in IT services based on a foundation of values and consistently delivering premium quality to customers.

Azim Premji has been the Chairman of Wipro Ltd from 1966 when he took over the company after his return from Stanford. Premji founded the Azim Premji foundation in the year 2001, with an aim to make tangible impact on identified social issues through education. The Foundation is presently working with 15 state governments and is engaged with 20,000 government run schools reaching about 2.5 million children.

The BusinessWeek ‘Top 30 All Time Entrepreneurs’ list is compiled based on opinions from professors, authors and other BusinessWeek staffers. The criteria looked at people who had the vision to create new markets or tap into underserved markets, changing the way people lived in the process. Some businessmen won recognition not just for their business acumen but also for the distribution of the wealth they created.

About Wipro
Wipro Technologies, a division of Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally.

In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.

For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com

Media Contacts:
India:
Sanjeeth Boloor
Wipro Technologies
+91- 9845294767
sanjeeth.boloor@wipro.com

Subramaniam
Gutenberg PR
+91 9945688111
subra@gutenbergpr.com

Ranjani S Roy,
Gutenberg Communications,
+91 9886377941,
ranjani@gutenbergpr.com

Sunanda Sanganeria,
Gutenberg Communications,
+91 9811553623,
sunanda@gutenbergpr.com

US
Lavanya DJ
Gutenberg PR
+ (212).239.8740
lavanya@gutenbergpr.com

UK
Rahul Kadavakolu
+44 792 020 5496
rahul.kadavakolu@wipro.com

Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.in

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