August 19, 2014

Press Release No. 1

News about MphasiS Limited

The media had reports that "Mphasis management in talks to buyout 60.49 % HP stake in Company with backing of PE, which may trigger open offer."

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

MphasiS Limited has vide its letter inter-alia stated," The Company is unaware of any such information and the news published is false."