Wipro partners Akzo Nobel in IT infrastructure management across multiple locations in US and Europe 

Bangalore, April 27, 2005

Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT) today announced that it has signed a three year, multi-million Euro agreement with Akzo Nobel NV (NASDAQ: AKZOY, Amsterdam: 0AKZO.AS), an international company active in the areas of pharmaceuticals, coatings and chemicals. Wipro Technologies will help Akzo Nobel Chemicals implement their idea of creating a shared IT environment by providing infrastructure management services for distributed data centers across multiple locations in the US and Europe with the objective of the operational management with one supplier and by optimizing the number of data centers throughout Akzo Nobel. The company will also use its global delivery platform and stringent quality procedures to maintain and enhance a wide range of applications like SAP. "Wipro was chosen for their ability to understand our idea of a shared IT environment and design a solution which would provide us with the best returns." said Gerard Helmink, CIO, Akzo Nobel Chemicals. "In addition, the 'ease of doing business' with Wipro is recognized and appreciated highly. During all the phases of the bid process Wipro delivered adequate responses; they listen carefully and act accordingly." Akzo Nobel NV, based in the Netherlands, serves customers throughout the world with healthcare products, coatings and chemicals. Consolidated sales for 2004 were Euro 12.7 billion. The company currently employs approximately 64,500 people in more than 80 countries. "We are proud to be entering into a relationship with Akzo Nobel and look forward to working with them." said NS Bala, Vice President, Manufacturing Solutions, Wipro Technologies. "We hope to design solutions which will help them take their strategy of shared services to the next level." Wipro was recently ranked in the "fast followers" category in a recent research report from IDC, titled "European Managed Services - 2004 Competitive Landscape (IDC #RI14L, November 2004). IDC considers fast followers, such as Wipro, to be influential in setting new standards in the industry. Wipro was also recognized for being proactive, having a strong vision and strategy in place. About Akzo Nobel Headquartered in the Netherlands, the Akzo Nobel NV (NASDAQ: AKZOY, Amsterdam: 0AKZO.AS) has activities in more than 80 countries and employs almost 64,000 people. It is active in three business areas: Pharma, Coatings and Chemicals. Sales in 2004 were EUR 12.7 billion, of which 25% in Pharma products, 41% in Coatings and 34% in Chemicals products. About Wipro Technologies Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. 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 also provides a broad range of business process outsourcing services from customer relationship management, back office transaction processing to industry specific solutions. 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. More information is available at www.wipro.com. For any queries, please contact: Aravind Madhavan Media Relations Wipro Technologies Ph: +91 80 25056608 Email: aravind.madhavan@wipro.com 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 visit our websites at www.wipro.com, www.wiprocorporate.com & www.wipro.co.in