Wipro CIO in InformationWeek’s Global CIO 50 List
Ten of India’s enterprise-IT leaders shine on the world stage, second only to the US
Bangalore, India, June 23, 2009: Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that Mr. Laxman Badiga, Chief Information Officer (CIO) has been featured in the first-ever Global CIO 50 List instituted by InformationWeek, the business technology market’s leading multimedia brand. Mr. Badiga is among the ten CIOs from leading Indian organizations, spanning diverse industry verticals, to have made it to the Global CIO 50 List.

Mr. Badiga is responsible for driving key initiatives at Wipro, such as Green IT and using IT to effectively provide remote working and collaboration, via the ‘Wipro Extended Work Environment’. This has led to improved resource utilization, enabled virtual training, reduced travel spend, and increased efficiency in the recruitment process.

The CIOs were selected based on their strategic contributions to their companies, as well as for their market leadership, innovative IT-enabled business practices and results, and by their overall achievement and impact.

India, with 10 CIOs on the list, is second only to the US, and ahead of Europe, China, Brazil, Japan and Korea, in terms of representation. The CIOs from India join 40 others from across the globe on this prestigious list that features the world’s foremost IT leaders impacting the business world, chosen from leading corporations all over the globe.

“The CIOs named in the InformationWeek Global CIO 50 reflect three major themes we found in our recent research study,” said Global CIO Senior Vice President Bob Evans. “CIOs are focusing on working to spend less money on internal IT issues and more on external, customer-facing projects. They are also developing and refining new ways to capture and communicate the business value of IT and finally, they are shifting the internal outlooks of worldwide IT organizations to reflect global perspectives.”

Val Souza, Editorial Director for Technology at United Business Media (India), who coordinated the nominations process from India, said: “The fact that 10 CIOs from India made it to the final list points to the increasing sophistication of IT deployment at enterprises across India, and the world-class qualities and skill-sets that Indian CIOs bring to the table today.” Souza, who is also the Conference Chair for INTEROP Mumbai (www.interop.com/mumbai), added: “I received over 50 first-rate entries from Indian CIOs and I am almost certain that the List will morph into the Global CIO 100 next year, with an even larger representation from India. Enterprise IT in India has well and truly arrived.”

The ten CIOs from India represent diverse industry verticals, including Banking, Telecom, Retail, Manufacturing, Pharmaceuticals, Advertising and IT Services. Details of the Indian CIOs on the list can be accessed via United Business Media (India)’s Network Computing website at www.networkcomputing.in/globalcio50.aspx

About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. 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 a 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.

Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects 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 fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain 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, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and 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 . We 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. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.