Bangalore, March 16, 2009
The report titled 'India IT Services: Competing for Tomorrows Market' from Springboard Research, a leading analyst and information technology market research firm stated that Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, has recorded the highest growth among all the established vendors with more than 43 per cent increase in 2008. With this feat, the company has emerged as the fastest growing IT service provider in India. The report has also named Wipro as the second biggest player in the $4.8 billion Indian domestic IT services market, with a market share of 8.7 per cent.

In the past 18 months, Wipro Infotech has won some major deals from Aircel, Pantaloon, Spencers Retail and more recently ESIC which have propelled its fast growth.

Wipro Infotech has always maintained sharp and dedicated focus on the domestic IT market and has notched up impressive growth figures year on year. The India and Middle East IT business of Wipro Ltd accounted for 19 % of the group's revenue in 2007-08. Over the last few years the growth in revenue and profit numbers has been led by addition of new service lines to the portfolio, including consulting, remote infrastructure management and others. The company has sustained its successful run by signing some major contracts in emerging vertical specific opportunities in Retail, Infrastructure, Defence, Financial Services and Telecom.

Mr. Anand Sankaran, Senior Vice President & Head- India and Middle East, Wipro Infotech said, "We are indeed driving a high growth strategy in India and will continue to launch new services here. We moved from being an IT integration and product integration provider 5 years back to a complete IT solutions provider. Now we want to drive transformation for customers in specific industry segments. This is our game plan going forward."

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.