Satyam awarded SAP implementation contract by Khimji Ramdas in Oman

MUSCAT, Oman, September 15, 2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services company, announced today that it has won an SAP implementation contract from Khimji Ramdas LLC (KR), one of the largest business conglomerates in Oman. The multi-module deployment will help KR standardize and automate business processes across its numerous divisions. At the same time, it will equip KR’s management team with the tools to make business-critical decisions quickly and accurately, and enable the organization to distribute the world’s leading brands throughout the Sultanate more efficiently.

The contract is evidence of Satyam’s growing operations in Oman, a country in which it has doubled its presence since last year.

The implementation, which is under way, features numerous SAP modules, including Finance and Controlling, Treasury Management, Materials Management, Sales and Distribution, Project Systems, Customer Service, HR Payroll, HR Administration,  Merchandising, Assortment Planning, GM SAP Point of Sale and DSD for VAN sales. The eSOA-compliant solutions will provide timely, accurate information throughout the enterprise. They will also enhance the visibility of KR's operations as well as its ability to identify profitable areas and support growth.

The project is underway, and was recently officially kicked off at an event at the Khimji Ramdas offices. Attendees included Sergio Maccotta, Managing Director of SAP MENA, Manish Mehta, Head of Satyam’s SAP competency unit, Manojeet Chowdhury, Satyam’s Head of Middle East operations, and the KR board of directors.

“We are proud that our increased presence and focus on operations in Oman have earned us the high regard of influential conglomerates such as Khimji Ramdas,” Mehta said. “By simplifying complex technology-driven SAP implementations for leading Middle Eastern enterprises, Satyam contributes to the growth of individual businesses and the economy of the region as a whole.”

Satyam’s Middle Eastern expansion has been bolstered by its regional Strategic Partnership with SAP. The partnership, which was signed in March, has prompted Satyam to develop SAP-focused composite solutions for industries such as automotive, retail, engineering and construction, and oil and gas. It has also led to a tripling of SAP orders in the region in the last six months.

In addition to its strategic partnership in the Middle East, Satyam is an SAP “Global Partner” and a “National” and “Services” partner in numerous countries. It is also an “International Offshore Partner” and a “National Implementation Partner” for India, the US, Singapore, Japan and Australia-New Zealand.

“Satyam has been one of our largest implementation partners globally, as well as our first Strategic Partner in the Middle East, and this has helped drive our success in this region,” Macotta said. “We have seen a considerable increase in SAP-based projects in the Middle East’s thriving IT markets, and we attribute this to the strength of our world-class products and our strong association with a regional market leader. As we work to strengthen our presence in Oman and the entire GCC, we are committed to bringing in new knowledge and expertise in a bid to enable local talent to address and respond to business challenges in this dynamic region.”

“Having selected an optimal ERP solution and implementation partner, we are benefiting from their combined expertise in deploying best-of-breed, technology-driven solutions,” said Pankaj Khimji, Director, Khimji Ramdas. “We expect this state-of-the-art solution to enhance our operations, in line with our corporate philosophy of maximizing all available resources to ensure continuous growth. We are definitely looking forward to the excellent benefits these SAP modules will bring our organization.”

About Satyam
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 61* countries.

Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company’s 51,643* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.

Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 631* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
                                                                                                             *As of June. 30, 2008

About Khimji Ramdas
Established in 1870, Khimji Ramdas is a well-diversified group with a range of activities spanning trading, distribution, retailing, services and manufacturing. With a goal to consistently create new benchmarks to maintain its leadership in the consumer as well as industrial arenas, the Group has built a strong repute by bringing the world’s leading brands to the Sultanate. Its commitment to customer service and excellence has led to its current position as a world-class distributor, with a supply chain that employs more than 2500 people, an extensive network of branch offices located in key areas, modern warehouse facilities and close to 3500 distributor points within the interiors of Oman.

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Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 6-K concerning the quarter ended June 30, 2008, furnished to the Securities and Exchange Commission on July 25, 2008, and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at http://www.sec.gov.

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