Bangalore, November 14, 2006

Hinduja TMT (HTMT) today took yet another step towards establishing it’s dominance in the insurance vertical within the BPO industry. The Company today announced a tie-up with Fortune 50 insurance major to process the latter’s workmen compensation claims from the Bangalore centre. The Pilot has already started and is expected to go live by early next month.

The Fortune 50 client has a presence in around 60 countries with over 70, 000 employees and with revenues of USD 60 billion. Hinduja TMT has one of the largest insurance practices in India. Starting with one Insurance client in 2000, it added another Fortune 150 insurance giant in 2003. Over the last 6 years, HTMT’s insurance practice has grown from a small team of 25 to over 1700 employees ( out of the total 9000 ) being serviced out of India, Philippines and Mauritius.

The current client addition is expected to catapult HTMT into one of the biggest third party BPO vendors in Insurance Claim Processing segment.

Mr. Partha Sarkar, CEO – IT / ITES, HTMT said, “.I am delighted with this new client acquisition. With three large insurance clients, we are well on our way to become the undisputed leader in the global insurance BPO space.”

About HTMT
Hinduja TMT (HTMT) is a realization of Hinduja Group's endeavor to provide a 'one stop shop' for customers' needs in Information Technology - from Contact Center services and Back Office Processing to customized IT solutions. HTMT is a publicly listed company on both the National Stock Exchange and Bombay Stock Exchange. HTMT has been ranked 8th among the Top 10 Call Centers” Worldwide by the Global Services Magazine in association with Neo IT in January 06. HTMT has also been ranked among ‘200 Best under a $1 billion Company in Asia” by Forbes Magazine in October 05.

HTMT's IT/BPO domain expertise is in the areas of Insurance, Financial services, Manufacturing, Telecom, Pharmaceutical Products, Consumer Electronics, Household Products, Energy and Utilities. HTMT has delivery centers in Bangalore, Mumbai, Hyderabad, Chennai, Manila, Mauritius, Toronto and New Jersey, and marketing offices in the USA, UK and Europe. HTMT has world-class infrastructure in line with global standards of environment, resources and deliverables and employs over 7500 people. 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 is also among the few companies that are HIPAA compliant besides being assessed for SEI CMM Level 4 for software development, ISO 9001:2000 certified and BS 7799 compliant.

About Hinduja Group
The Hinduja Group is one of the largest transnational business conglomerate in the world with diversified operations. Founded in 1914 by Shri P.D. Hinduja the Group provides a wide range of products and services worldwide. The group’s activities are divided into three core areas such as, Investment Banking, Global Investments and the International Trading. The Hinduja Group is quick to grasp new opportunities and is expanding its investments and advisory services across international markets. As a part of the Global investment the group owns Transport, Information Technology, Entertainment and Communications, Banking and Finance, Infrastructure Project development, chemicals and agri business, Energy and Healthcare.

For more information please contact:
Ms. Mona Bhatia, HTMT @ 9342986455
Ms. Harini Kucknoor, HTMT @ 9845058297.
Mr. Ratnanand. R, Clea PR, Bangalore @ 9342592399.
Mr. Jayaram. R, Clea PR, Mumbai @ 9867212997.