Nipuna, the Satyam BPO Wins Golden Peacock

Company Brief

Hyderabad, November 29, 2007

Nipuna Services Ltd, the BPO arm of Satyam (NYSE:SAY), has been conferred the prestigious and internationally recognized Golden Peacock National Training Award for the year 2007.

Venkatesh Roddam, CEO, Nipuna, said “This is a great achievement and makes Nipuna the first BPO in the country to win this award. As we have been selected as the winner from 186 entries that the organizers received, this Award stands testimony to our focus on Associate and Leadership Development and our focus on ‘growing leaders faster than competition.”

“The Award will help organizations like ours benchmark against the best, and set new standards of training excellence, a measure that will hold the key to business leadership in the 21st century”, added Roddam.

The Golden Peacock Award will be presented at an event in the presence of business and political leaders from over 20 countries and will be a part of the 18th World Congress on Total Quality, with the theme “Boardroom Strategies for Risk Management”, which is scheduled to be held in New Delhi between January 11th and 13th, 2008.

Manoj K Raut, Director Client Services, Golden Peacock Award Secretariat said, “Nipuna is providing the best training practices in the fiercely competitive market of today ".

The Award identifies excellence in training practices, relates effective training with improved business and is open to all training organizations. Winners are selected by the Award Jury, under the Chairmanship of Justice P N Bhagwati, former Chief Justice of India and Chairman, Golden Peacock Awards.

For more information, please contact:

Kulwinder Singh

Nipuna Services Limited

Phone: +91 98665 96192

kulwinder_singh@nipunaservices.com

Geeta Fadnavis

Ogilvy Public Relations World Wide

Phone: +91 98492 56292

geeta.fadnavis@ogilvy.com