Infosys Sweeps Businessworld Most Respected Companies Awards

Infosys Technologies Limited made a winning sweep in the Businessworld Most Respected Companies Awards announced last weekend. The company remained India’s Most Respected Company – a place it has held since 2001; it topped the special categories of Most Ethical and Most Globally Competitive Companies; and was the Most Respected Company in IT sector category, topping all nineteen parameters of the survey.

The Businessworld Most Respected Companies list is based on a rigorous nationwide peer perception survey. All companies featured in the survey were ranked on the basis of a set of parameters such as ethics, response to customer needs and global competitiveness.

The launch of Infosys Consulting Inc to create a new paradigm in consulting, restructuring of the company into Independent Business Units (IBUs) fuelling multiple growth engines, the triple - horizon strategic planning and the risk management processes of the company have been cited as strategic initiatives that gave Infosys an edge over the rest.

The Survey spanned across eight cities including Delhi, Mumbai, Chennai, Kolkatta, Bangalore, Hyderabad, Ahmedabad and Pune, covering over 1000 senior managers across the country.

About Infosys Technologies Limited

Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 1,00,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit www.infosys.com

Safe Harbor Provision

Certain statements in this release related to the Offering constitute forward - looking statements. This Offering is subject to shareholder approval, which may not be obtained. Although the Offering is expected to be made to our equity holders in India, we may be required to exclude certain equity holders outside India to comply with U. S. rules and regulations. Our business is subject to a number of risks and uncertainties that could affect our future operating results including those described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20 - F for the fiscal year ended March 31, 2004 and on Form 6 - K for the quarter ended June 30, 2004 and September 30, 2004. These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward - looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward - looking statements that may be made from time to time by or on behalf of the company.