Infosys to host Analyst Meet

Infosys Technologies Limited (NASDAQ: INFY), announced that it will host its Annual Analyst Meet on Monday, August 30, 2004 at its campus in Sholinganallur, Chennai. The theme of this year’s meet is “NewGame. New Rules”.

Mr. Nandan M. Nilekani, CEO, President and Managing Director and Mr. S. Gopalakrishnan, COO and Deputy Managing Director will deliver the theme address. Heads of various practice units and departments of Infosys will make presentations during the day. This is designed to serve as a forum for analysts to understand the company’s operations in greater depth.There will be an executive open house session at the conclusion of the meet.

The proceedings of the meet will be webcast on www.infosys.com. The presentations made by various participants and written transcripts of the day’s discussions will be made available on www.infosys.com.

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.