Application to provide advantage of short settlement lifecycle to both assesses and departmental users
Bangalore, December 5, 2008:
Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, today announced the launch of one of the most prestigious automation projects for the Central Board of Excise and Customs (CBEC). The entire Central Excise and Service Tax functionalities across India will be automated under this application. The application portal, ACES (Automation of Central Excise and Service Tax), was launched by Anand Sankaran, Chief Executive, Wipro Infotech in the city amidst much cheer in the presence of the CBEC Board member and other dignitaries. This application launch is currently for Assesses for large tax payer unit [LTU] Bengaluru and will subsequently be launched for all jurisdiction of India for the Manufacturers, Dealers and Service providers. This mission critical system, once goes live, will act as the backbone of the Government's IT Infrastructure

. The Central Excise Department functioning under the Central Board of Excise and Customs, Ministry of Finance is entrusted with the job of collection of Central Excise Duties on all goods manufactured or produced within India and the collection of service tax on specified services.

Presently, the assesses submit their documents, including returns, registration, and others on paper. These processes will be automated, which will provide tremendous advantages to the assesses and departmental users alike. The advantages include speedening of the filing of registration and submission of returns. Among the benefits the assesses are going to gain from the application include tracking of refunds online and settlement of disputes quickly and accurately. Using this application, the department will be able to report on tax collections faster and more accurately. ACES brings under one centralized platform a very large and diverse set of procedures and business functionalities covering the entire gamut of central excise and service tax.

Mr. Anand Sankaran, Chief Executive, Wipro Infotech said, "ACES is one of the most ambitious projects undertaken by the Govt of India and we are proud to be a part of this mega project. With the application being customized to cater to the needs of the assesses and the departmental users, the sheer user-base will make the ACES application one of the most heavily used applications in the Country. Wipro is committed in ensuring CBEC the scalability and flexibility to implement and execute the new processes with great agility".

About Wipro Infotech
Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.

About Wipro Limited
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs 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 , and www.wipro.in

Wipro's forward looking and cautionary statements
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 manageacquired 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.