Satyam to provide JD Edwards Applications to Indian Mid-Market Companies

• Increased Satyam/Oracle partnership to provide industry-specific JD Edwards solutions

Hyderabad, India, December 18, 2006: Satyam (NYSE: SAY), the leading global consulting and IT services provider, announced today that it will resell Oracle’s JD Edwards applications to mid-market companies in India. The arrangement is a natural extension of Satyam’s 10-year partnership with the enterprise resource planning leader, and will enable both organizations to deliver world-class enterprise solutions to a growing number of Indian organizations.

In addition to India, Satyam is a reseller of JD Edwards applications in APAC, Europe, and the Middle East, as well as a Certified Advantage Partner in the Oracle Partner Network (the highest level of partnership). Satyam features one of the world’s leading Oracle Application practices, with more than 2,500 consultants in 48 countries.

Moreover, Satyam has a very strong JD Edwards practice within its Oracle Practice Group, which serves numerous global customers. It includes a large pool of consultants who are expert in the JD Edwards EnterpriseOne and World Product suites. These professionals have provided implementation services to JD Edwards customers throughout the world for years. Additionally, Satyam has JD Edwards solution centers in Hyderabad and Mumbai, both of which are positioned well to serve to domestic market requirements.

“Satyam considers India as critical to its growth,” said Virender Aggarwal, director and senior vice president, APAC and MEIA operations, Satyam. “It is a region that will become even more integral to the global economy in the near future. As such, we are committed to Indian markets and are working hard to deliver value to leading organizations here. Along with Oracle, we aim to extend our entire range of JD Edwards solutions in India. That is why we are launching focused industry solutions.”

To that end, Oracle and Satyam are collaborating to create tailored solutions for clients in industries such as retail, construction, industrial manufacturing, and real estate. As the partnership becomes stronger, Satyam and Oracle will bring these solutions to other regions.

“This is an exciting initiative for our company,” said Sriram Papani, a senior vice president in the organization’s Enterprise Application Practice. “Satyam is recognized globally for its enterprise application expertise, and strengthening our partnership with Oracle to serve mid-market clients with JD Edwards is a key element of our expansion strategy. We are confident that with this excellent product line and our outstanding implementation capabilities, Oracle and Satyam will enable extremely successful enterprise application initiatives.”

“JD Edwards is an important part of our go-to-market strategy in India,” said Mathew Thomas, the director of application channels for Oracle India Private Limited. “And Satyam’s increased focus on its products will provide better value to our customers, especially those in the mid-market segment.”

Satyam Contacts

For further information, contact: MediaRelations@satyam.com

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 20 F concerning the fiscal year ended March 31, 2006, furnished to the United States Securities Exchange Commission on April 28, 2006 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at www.sec.gov

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