TATA Indicom gives discounts on CDMA handsets

Company press release, February 22, 2003

Ahmedabad

'TATA Indicom' - a national telecom brand of India's leading private basic telecom service provider Tata Teleservices Limited (TTSL) has today announced heavy discounts on CDMA mobile handsets from LG & Kyocera.

TATA Indicom is offering heavy discounts on internationally renowned LG & Kyocera handsets to the customers subscribing TATA Indicom basic telephony Services. The original cost of these handsets is Rs. 6550/- (inclusive of all taxes), which is available at just Rs. 4999/- (inclusive of all taxes) till February 28, 2003. The offer is available at all TATA Indicom stations and can be availed at your door step by dialing 800 8282

Backed by world-class customer service interface, TATA Teleservices' product offerings include CDMA based Mobile Service, Fixed Wireless Telephones, Wireline Services and other services such as Data Services including ISDN & DSL and hi-tech integrated telecom solutions like Intranet, VPN, Centrex etc.

Background Note:

TATA Teleservices Limited (TTSL) - one of the leading private basic telecom operators is part of TATA Group, the most respected business house of India. Operating from Andhra Pradesh the company has successfully launched its commercial services in Gujarat, Tamil Nadu, Karnataka and Delhi. TTSL The acquisition of the 5th basic telephony circle i.e. Maharashtra (including Goa) from Hughes Tele.com India Ltd. (HTIL) is a significant achievement for the company, giving it access to a running operation with more than 200,000 customers in the region.

Currently offering services in Ahmedabad, Vadodara & Surat, company plans to start operations in other major cities like Rajkot, Gandhinagar, Gandhidham, Bhavnagar, Jamnagar, Navsari etc. by March 2003. TATA Teleservices plans to invest around Rs. 1006 crores in developing infrastructure in Gujarat.

For further information, please contact:

Priyank Talati

Vaishnavi Corporate Communications

Phone: +91-79-644 1517, 644 2128

Fax: +91-79-644 2093

Mobile: +91 9824352113

Email: Priyank@vaishnavi-india.com