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Wednesday, November 11 - 2009
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Wipro inks 4 agreements with major companies in Kuwait

Wipro Infotech, the Middle East, India and Asia Pacific IT division of US$1.35 billion Wipro Limited (NYSE:WIT), has further strengthened its position in Kuwait by signing agreements with Gulf Insurance Company, Kuwait Foundation for Advancement of Sciences, Investment Dar and Future Communications Company.

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  • Mr. Suresh Vaswani, President, Wipro Infotech.
    Mr. Suresh Vaswani, President, Wipro Infotech.
These agreements included tasks such as application development, IT consultancy; infrastructure related service and awareness programs on Six Sigma quality standard.

Mr. Suresh Vaswani, President, Wipro Infotech said, "The Middle East is a critical component of our global expansion strategy, as it is a rapidly growing IT services market. Wipro is committed to building a strong business base here in Kuwait as well as rest of the Middle East. We will continue to provide value through our vast global experience, robust quality processes, in-depth understanding of various domains and our comprehensive range of high value IT services."

Wipro commenced operations in Kuwait in August 2003 and is focusing on all verticals that include oil and gas, telecom, banking and insurance, government and retail. Having started its Middle East operations in June 2001, in just under three years, it has built a strong customer base in Kuwait, UAE, Qatar, Oman, Bahrain and Saudi Arabia.

Some of Wipro's key customers in the Middle East include Saudi Polyolefins, Al Haya Medical Company and Riyadh Pharma in Saudi Arabia; Dubai e-Government, Dubai Municipality and Dubai Dry Docks in UAE; and Doha Bank, Qatar Petroleum and Qatar Vinyl Company. Wipro is in discussions with prospective customers in Kuwait.

Commenting on India's success in the global software market, Mr. Vaswani said that innovative service delivery models, commitment to quality and a focus on cost-effective solutions have made India the world's preferred IT destination.

"In line with this, Wipro has been at the forefront of the quality revolution and is committed to bringing high quality cost effective IT Services to customers in Kuwait," added Mr. Vaswani.

Today, Wipro has over 300 skilled professionals working on various projects across the Middle East. Its major thrust is on the high-end of the IT Services value chain that includes Technology Services, Software Solutions and IT Consulting.
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Notes and media contacts

About Wipro Limited
Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first P CMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange, among others. For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in

Wipro's forward looking and cautionary statements
Forward-looking and cautionary statements Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

For further information, please contact:
Agency Contact:
Prem Ramachandran
ASDA'A Public Relations
Dubai, UAE
Tel: 00 -9714-3344550
Fax: 00 -9714-3344556

Wipro (UAE):

Mansoor Ahmed
General Manager, Middle East Business Operations
Wipro Limited, Dubai Internet City Building 12, Office -124
Dubai, UAE
Tel: 00-9714-3913480

Wipro (India):

Radha Radhakrishnan
Group marketing
Wipro
Bangalore
Tel: 91-80-284 40 343

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