Satyam Takes Business Transformation to the Caribbean

PARSIPPANY, N.J., June 30 /PRNewswire-FirstCall/ -- Satyam Computer Services Ltd. , a leading global consulting and IT services provider will be hosting its first Caribbean Executive Round Table Conference in partnership with McEnearney Business Machines (MBM), a provider of business equipment and specialized technology solutions. The theme of the Satyam-MBM Executive Conference will focus on, 'Business Transformation: Enabled Through Technology' and will take place on June 30, 2005, between 6:00 P.M-9:00 P.M at La Boucan, Hilton Trinidad & Conference Center, Port of Spain, Trinidad.

Through this conference, Satyam plans to expand its current foothold in the Caribbean Islands. The conference, which will be attended by Satyam's current client base, will provide a platform for Business leaders to share insight on how innovative IT initiatives can help achieve superior business leadership.

"I am pleased to announce the partnership between Satyam and MBM. The partnership is truly historical and marks the beginning of a new and exciting chapter in our growing cooperation between Trinidad & Tobago and India. It is widely acknowledged that Technology accelerates the pace of development and that Information and Communication Technology indeed multiplies efficiency in every sphere of human endeavor. I sincerely hope that this partnership would enable Trinidad & Tobago and the wider Caribbean region to directly draw on Indian IT skills for the benefit of one and all. My best wishes for its success," said H.E. Mr. Virendra Gupta, the Indian High Commissioner of Trinidad.

This is one of many initiatives taken by Satyam to provide global business leaders with the mechanism needed to express their concerns on the issues that impact Satyam's clients the most; such as globalization, higher quality standards, improving return on IT investments, and developing new business opportunities while cutting costs.

"They speak, we listen," stated Mr. Ram Mynampati, the President of Satyam's Commercial and Healthcare Business. "As we prepare to expand our reach into this new market, The Executive Roundtable will provide us with the outlet needed to put us in touch with our clients concerns and expectations. In a changing global economy, it's imperative to know exactly what our clients' objectives are and how we can provide them with the most efficient and innovative solutions."

To date, the Roundtable has attracted the participation of more than 70 of the Caribbean's top business elite, including top Management from Scotiabank, RBTT Financial Group, MITTAL, MCB, UTS, Republic Bank Limited, Petrotrin and Bank Van de Nederlandse Antillen.

"The partnership between MBM and Satyam is part of the Companies' strategy to expand into complimentary areas of business. As one of the largest conglomerates in the Caribbean, we are always searching for partnerships that are able to provide us with the best end-to-end solutions to our wide customer base as well as enhance our support structure," said Mr. David Sabga, the Deputy Chairman of ANSA McAL Ltd, the parent company of MBM.

Satyam's Regional Americas Head -- Canada, Caribbean Islands and Latin America, Mr. Sanjay Tugnait, commented, "As a global leader, with a presence spanning more than 46 countries, we see tremendous potential in the Caribbean Islands. We acknowledge the synergy and similarities that Canada and the Caribbean Island have in the culture, as well as the opportunities in the various industries. The Company's launch into the Caribbean is the next step in Satyam's efforts to create a strong competitive regional beachhead in the Americas. We look forward to working with MBM and lending our services domain and our industry-leading technology competencies to this emerging market."

About MBM

McEnearney Business Machines (MBM) is a division of ANSA McAL Trading Limited a wholly owned subsidiary of the ANSA McAL Limited the largest conglomerate in the Caribbean. Established over 37 years ago the company's registered in Port of and provides business equipment and specialized technology solutions as well as electronic security systems to corporate clients in Trinidad & Tobago and various other Caribbean islands.

As part of MBM's strategy to expand into complimentary areas of business in 2003 the company undertook responsibility for managing the operations of Standard Equipment (SE) and Crown Industries Limited (CIL). SE distributes paper and paper related products to the local and regional print industry. CIL is a manufacturer of envelopes and cut paper products and will continue to be the production arm of the combined entity.

On a combined basis the company employs approximately 176 employees and has four (4) business units -- Business Equipment Technology Solutions, Specialized IT Solutions, Integrated Electronic Security Solutions and the Paper and Paper Related Products Division.

About Satyam

Satyam Computer Services Ltd. is a global IT consulting services provider, offering a range of expertise aimed at helping customers re-engineer and re-invent their businesses to compete successfully in an ever- changing marketplace. Nearly 20,000* highly-skilled professionals in Satyam work onsite, offsite, offshore and near shore, to provide customized IT solutions for companies in several industry sectors. Satyam's ideas and products have resulted in technology-intensive transformations that have met the most stringent of international quality standards. Satyam Development Centers in India, the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, China, Japan and Australia serve 390* global companies, of which 144* are Fortune Global 500 and Fortune US 500 corporations. Satyam's presence spans 46 countries, across six continents. For more information visit us at: http://www.satyam.com/

*As of March 31, 2005

For clarifications write to us at Corporate_Communications@Satyam.com Or contact our global PR representatives at:

India Rajesh, rajesh@perfectrelations.com, +91 40 55319862, +91 98490 42184 Europe Priti Thakker, priti_thakker@satyam.com, +1 973 753 1858, +1 973 997 1149 US Ivette Almeida, Ivette.almeida@annemcbride.com, +1 212 983 1702 ext 209, +1 201 232 0128 Asia-Pacific Reshma Wad Jain, reshma@wer1.net, +65 6737 4844, +65 98140507 Safe Harbor:

This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward- looking statements. Satyam undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 20-F concerning the fiscal year ended March 31, 2005 furnished to the United States Securities Exchange Commission on April 28, 2005 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov/