The Complaint charges that Satyam and certain of its executives violatedfederal securities laws by issuing materially false and misleadingstatements. On January 7, 2009, the Company's CEO B. Ramalinga Raju sent aletter to the Satyam Board of Directors and the Securities & Exchange Boardof India acknowledging a "multi-year" fraud in which Satyam's financialaccounts and disclosures were systematically falsified. According to theletter, Raju admitted to having inflated the amount of cash on theCompany's balance sheet by nearly $1 billion, incurring liability of $253million on funds arranged by him personally, and overstating Satyam'sSeptember 2008 quarterly revenues by 76% and profits by 97%. As a resultof this disclosure, the Company's ADRs fell $8.42, or 90%, prior to theopening of the New York Stock Exchange, which has suspended trading inSatyam's ADRs.

If you are a member of the class, you may, no later than March 9, 2009,request that the Court appoint you as lead plaintiff of the class. A leadplaintiff is a class member that acts on behalf of other class members indirecting the litigation. Although your ability to share in any recoveryis not affected by the decision whether or not to seek appointment as alead plaintiff, lead plaintiffs make important decisions which could affectthe overall recovery for class members.

While Izard Nobel LLP has not filed a lawsuit against the defendants, toview a copy of the Complaint initiating the class action or for moreinformation about the case, and your rights, visit:www.izardnobel.com/satyam/, or contact Izard Nobel LLP toll-free at (800)797-5499, or by e-mail: firm@izardnobel.com. For more information aboutclass action cases in general, please visit our website:www.izardnobel.com.

CONTACT:Nancy A. Kulesa or Wayne Boulton(800) 797-5499www.izardnobel.comEmail Contact