AZTECSOFT

Aztecsoft Limited has informed the Exchange that the Board of Directors at their meeting held on September 26, 2008 have approved the Scheme of Amalgamation of Aztecsoft Limited with MindTree Limited. The Board has approved the swap ratio as recommended by PricewaterhouseCoopers Pvt. Ltd and Adithya and Vishwas, Chartered Accountants and the Fair Opinion given by Karvy Investor Services Ltd, Category I Merchant Bankers. The Swap Ratio approved by the Board is: "2 (two) equity share of MindTree Limited of Rs. 10/- each, fully paid-up be allotted for every 11 (eleven) fully paid up equity shares

Aztecsoft Limited has informed the Exchange that "The Honorable High Court of Karnataka has vide above referred petitions passed an Order on April 13, 2007 approving the Scheme of Amalgamation between Aztec Disha Technologies Limited (our wholly owned subsidiary) and Aztecsoft Limited with effect from April 1, 2006."

Aztec Software And Technology Services Ltd. has informed the Exchange that the Company has concluded the acquisition of Disha Technologies (India) Private Limited. Disha Technologies (India) Private Limited has now become a subsidiary of the Company. The Company has also informed that they have allotted 2707057 equity shares of Rs.3/- each to the Shareholders of Disha Technologies (India) Private Limited at a price of Rs.42.05 per shares being the part consideration payable by the Company for the acquisition of all the shares of Disha Technologies (India) Private Limited.