MR. K THIAGARAJAN, MANAGING DIRECTOR & CEO – HINDUJA TMT LTD TO BE BASED OUT OF BANGALORE

Bangalore, August 11, 2005:

Hinduja TMT Ltd, (HTMT) - the Information Technology flagship company of the Hinduja Group announced that Mr. K. Thiagarajan, Managing Director and CEO, HTMT Ltd., who was hitherto based out of Mumbai will henceforth operate out of the Bangalore HTMT centre in order to be closer to operations and the large employee base.

For personal reasons, former President and CEO, HTMT – IT Division, Mr. R. Mohan, has moved into a part time senior advisory role within the organization. A very competent and able team will support Mr. Thiagarajan, comprising of Mr. Partha Sarkar, Chief Operating Officer and Head - ITeS, Mr. Prosenjit Ganguly, Vice President and Head – HR, Mr. Srinivas Sriramdas, Vice President IT Services and Mr. K S Srinivasa, CFO - IT.

About HTMT

Hinduja TMT Ltd. (HTMT), part of the multi – billion dollar conglomerate, the Hinduja Group, is one of India's premier IT houses, focusing on Business Process Outsourcing (BPO) and IT services. HTMT is ranked among the top 15 ITES-BPO players in India employing over 3700 people in Bangalore, Mumbai (India), Manila, (Philippines), New Jersey (USA) and Toronto (Canada) and ranked among the Top 5 employers in the industry according to an employee satisfaction survey conducted by Dataquest and IDC.

HTMT's expertise is in the areas of insurance, financial services, manufacturing and telecom. With delivery centers in Bangalore, Mumbai, Manila, Toronto and New Jersey, the company has marketing offices in the USA, UK and Europe. HTMT has world-class infrastructure in line with global standards of environment, resources and deliverables. After acquiring majority control in Customer Contact Centre Inc. (c3), a Philippines based call Centre Company, HTMT also acquired Source One Communications Inc., USA. HTMT is one of the few companies in the BPO business that has output quality very close to six sigma standards and has set its eye firmly on a continuous improvement program. HTMT has been assessed for SEI CMM Level 4 for software development and is also ISO 9001:2000 and BS 7799 compliant. For more information on the company, visit www.source1htmt.com.