FSS

Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Securities) Guidelines 2003, the trading in the equity shares of Flextronics Software Systems Limited shall be suspended w.e.f. February 3, 2006 (i.e. w.e.f. closing hours of trading on February 2, 2006). The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. February 10, 2006.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations : (1) Intimation dated December 20, 2005, from Mr. Manoranjan Mohapatra, Alternate Director of the Company informing that he has sold his entire shareholding of 5,377 shares of the Company. (2) Intimation dated December 19, 2005, from Mr. Aadesh Goyal, Alternate Director of the Company informing that he has sold 11,500 shares of the Company out of his holding of 11,505 shares of the Company.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations : (1) Intimation dated December 16, 2005, from Mr. Manoranjan Mohapatra, Alternate Director of the Company informing that he has sold 22,023 shares of the Company out of his holding of 27,400 shares and the value of the consideration exceeds Rs. 5,00,000/-. (2) Intimation dated December 19, 2005, from Mr. Vimal Khanna, Alternate Director of the Company informing that he has sold his entire shareholding of 17,250 shares in the Company and the value of the consideration exceeds

Flextronics Software Systems Limited has informed the Exchange that the Company has received intimations dated December 06 and December 07, 2005, from Mr. Aadesh Goyal, Alternate Director of the Company informing that he has sold 6,000 & 5,000 shares respectively of the Company out of his holding of 22,505 shares and the value of the consideration exceeds Rs. 5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the BODs of the company by way of a resolution by circulation on November 29, 2005 have allotted 24,089 equity shares to the employees who have exercised their options of conversion of warrants under the ESOP Schemes of the Company.

Flextronics Software Systems Limited has informed the Exchange regarding a list of Directors who were allotted shares under Employees Stock Option Plan Schemes of the Company on November 11, 2005 as follows: (1) Manoranjan Mohapatra, Alternate Director has been allotted 24,000 shares; (2) Aadesh Goyal, Alternate Director has been allotted 22,250 shares and (3) Vimal Khanna, Alternate Director has been allotted 17,250 shares.

Flextronics Software Systems Limited has informed the Exchange that the BODs of the company by way of a resolution by circulation on November 11, 2005 have allotted 7,26,295 equity shares bearing distinctive numbers 54401331 to 55127625 to the employees who have exercised their options of conversion of warrants under the ESOP Schemes of the Company.

Flextronics Software Systems Limited has informed the Exchange that Mr. Vinod Sablok, who was appointed as an Independent Non-Executive Director on the Board w.e.f. October 18, 2005, does not hold any equity share of the Company and therefore his holding as on the date of joining the Board of the Company is Nil.

Flextronics Software Systems Limited has informed the Exchange that the BODs of the Company, have approved the induction of Mr. Vinod Sablok as an Additional Director (Independent Non- executive) on the Board of the Company w.e.f. October 18, 2005.

Flextronics Software Systems Limited has informed the Exchange regarding the shareholding of directors in the Company as on September 30, 2005 as follows: 1) Ashish Kumar Bhardwaj, Chairman holds nil shares; 2) Arun Kumar, Managing Director holds nil shares; 3) Nicholas E. Brathwaite, Director holds nil Shares; 4) Ronny Nilsson, Director holds nil Shares; 5) Ian Duncan Robertson, Director holds nil Shares; 6) Amal Ganguli, Director holds nil Shares; 7) K.V. Ramani, Director holds nil Shares; 8) Manoranjan Mohapatra, Alternate Director holds 3,400 shares; 9) Vinod Sood, Alternate Director holds

Flextronics Software Systems Limited has informed the Exchange that the shareholders in the AGM of the Company held on September 29, 2005 approved the following items :- 1) Dividend @ 50% for the financial year ended March 31, 2005. 2) Re-appointment of Mr. Nicholas E. Brathwaite and Mr. Ronny Nilsson as Directors, who were retiring by rotation. 3) Re-appointment of M/s. Deloitte Haskins and Sells as Auditors of the Company. 4) Alteration in the Memorandum of Association of the Company. 5) Alteration in the Articles of Association of the Company. 6) Alteration in the employees Stock Offer Plan

Flextronics Software Systems Limited has informed the Exchange that the BODs of the company by way of a resolution by circulation on September 29, 2005 have allotted 62,748 equity shares bearing distinctive numbers 54338583 to 54401330 to the employees who have exercised their options of conversion of warrants under the ESOP Schemes of the Company.

Flextronics Software Systems Limited has informed the Exchange that Mr. Vinod Sablok ceased to be an Additional Director on the Board of the Company w.e.f. September 29, 2005.

Flextronics Software Systems Limited has informed the Exchange that HSBC Global Investment Funds A/C HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited has sold 1,929,806 shares of Flextronics Software Systems Limited on September 09, 2005. The mode of sale is through Tender Offer and the shareholding of HSBC Global Investment Funds a/c HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited after the said sale is Nil shares of Flextronics Software Systems Limited.

HSBC Investments (Hong Kong) Limited has informed the Exchange that HSBC Global Investment Funds A/C HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited has sold 1,929,806 shares of Flextronics Software Systems Limited on September 09, 2005. The mode of sale is through Tender Offer and the shareholding of HSBC Global Investment Funds a/c HSBC Global Investment Funds (Mauritius) Limited along with PAC HSBC Investments (Hong Kong) Limited after the said sale is Nil shares of Flextronics Software Systems Limited.

Flextronics Software Systems Limited has informed the Exchange that the Company has received an intimation dated September 07, 2005 from Mr. Arun Kumar, President and Managing Director of the Company that he has sold his entire shareholding of 3,800 shares in the Company and the value of the consideration exceeds Rs. 5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations under SEBI [Prohibition of Insider Trading] Regulations, 1992.: (1) Intimation dated September 01, 2005 from Mr. Manoranjan Mohapatra, Executive Vice President & Chief Operating Officer of the Company that he has sold 14,847 shares of the Company out of his holding of 18,247 shares and the value of the consideration exceeds Rs.5,00,000/-; (2) Intimation dated September 02, 2005 from Mr. Arun Kumar, President & Managing Director of the Company that he has sold 33,100 shares of

DSP Merrill Lynch Limited, Managers to the Offer have, in respect of the Delisting of the securities of Flextronics Software Systems Ltd ('Target Company'/'FSSL') by Flextroncis Sales & marketing (L-A) Ltd. ('FSMA'/'Acquirer')/'Promoter'), with regards to Reverse Book Building of FSSL, confirmed as follows: (i) Based on the information from the Registrars, the maximum number of shares were bid at a price of Rs.725 ('Discovered Price'); (ii) The acquire has accepted the price of Rs.725 and hence the Exit Price is Rs.725; (iii) The acquirer was able to implement the offer; (iv) All the formaliti

Flextronics Software Systems Limited has informed the Exchange that Mr. Vinod Sablok, who was appointed as an Independent Non - Executive Director on the Board w.e.f. August 24, 2005, does not hold any equity share of the Company and therefore his holding as on the date of joining the Board of the Company is Nil.

DSP Merrill Lynch has submitted to the Exchange a copy of the public announcement issued by them on August 27, 2005, on behalf of Flextronics Sales & Marketing (L-A) Ltd. (the "Acquirer"/ "FSMA"/"Promoter"), a wholly owned subsidiary of Flextronics International Limited ("FIL"), in respect of the proposed acquisition and delisting of the fully paid-up equity shares of Flextronics Software Systems Ltd. (the "Company"/"FSSL") pursuant to the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 (the "Delisting Guidelines"/"Guidelines"). The brief details of the public

The Acquirer hereby invites the public holders of the fully paid-up equity shares of FSSL (being all holders other than the Acquirer) (the "Shareholders"), to tender to the Acquirer, on terms and subject to the conditions set out in the public announcement, all of their equity shares in FSSL, being 10,421,372 (and such additional shares which may arise on account of exercise of the vested options by the employees) equity shares of Rs.5 each as at August 19, 2005, representing approximately 30.35% of the Equity Share Capital of FSSL (the "Shares"). The Acquirer is willing to offer a price of up

Flextronics Software Systems Limited has informed the Exchange that the Company has received an intimation dated August 29,2005 from Mr. Arun Kumar, President & Managing Director of the Company that he has sold 15,600 shares of the Company out of his holding of 52,500 shares and the value of the consideration exceeds Rs.5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the BODs of the Company, by way of a resolution passed by circulation on August 24, 2005, have approved the induction of Mr.Vinod Sablok as an Independent Non-executive Director on the Board of the Company w.e.f. August 24, 2005.

Flextronics Software Systems Limited has informed the Exchange that the Company has received an intimation dated August 22,2005 from Mr. Arun Kumar, President & Managing Director of the Company informing that he has sold 4,400 shares of the Company out of his holding of 56,900 shares and the value of the consideration exceeds Rs.5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the AGM of the Company is scheduled to be held on September 29, 2005. Accordingly, the books of the Company for the purpose of AGM & Dividend will be closed from September 21, 2005 to September 29, 2005 (both days inclusive). The BOD's have recommended a dividend of 50% (Rs.2.50 per share on an equity share of face value of Rs.5/-) subject to the approval of members in the AGM.

Flextronics Software Systems Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on July 19, 2005 allotted 28,181 equity shares bearing distinctive numbers 54310402 to 54338582 to employees who have exercised option of conversion of warrants under the ESOP Schemes of the Company.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations: 1) Intimation dated June 14, 2005 from Mr. Arun Kumar, President & Managing Director of the Company informing that he has sold 3,000 shares out of his holding of 59,900 shares and the value of the consideration exceeds Rs.5,00,000/-; 2) Intimation dated June 14,2005 from Mr. Manoranjan Mohapatra, Alternate Director, of the Company informing that he has sold 5,000 shares of the company out of his holding of 23,247 shares and the value of the consideration exceeds Rs.5,00,000/

Flextronics Software Systems Limited has informed the Exchange that he Company has received the following intimations: 1)Intimation dated June 03,2005 from Mr. Arun Kumar, President & Managing Director of the Company informing that he has sold 10,000 shares out of his holding of 69,900 shares and the value of the consideration exceeds Rs.5,00,000/-; 2) Intimation dated June 02,2005 from Mr.Aadesh Goyal, Alternate Director, of the Company informing that he has sold 3,000 shares of the company out of his holding of 3,255 shares and the value of the consideration exceeds Rs.5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the shareholders in the EGM held on June 03, 2005 have approved the proposal for delisting the shares of the company from The Stock Exchange, Mumbai and The National Stock Exchange of India Limited.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations: 1)Intimation dated May 31,2005 from Mr. Arun Kumar, President & Managing Director, of the Company informing that he has sold 4,100 shares of the Company out of his holding 74,000 shares and the value of the consideration exceeds Rs.5,00,000/-; 2) Intimation dated May 31,2005 from Mr. Manoranjan Mohapatra, Alternate Director, of the Company informing that he has sold 3,153 shares of the Company out of his holding of 26,400 shares and the value of the consideration exceeds Rs.5

Flextronics Software Systems Limited has informed the Exchange that the Company has received an intimation dated May 30, 2005 from Mr. Vimal Khanna, Alternate Director of the Company, informing that he has sold 5,432 shares of the Company out of his holding of 8,857 shares and the value of the consideration exceeds Rs. 5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations: 1)Intimation dated May 19 from Mr. Arun Kumar, President & Managing Director, of the Company informing that he has sold 3,600 shares of the Company out of his holding of 77,600 shares and the value of the consideration exceeds Rs. 5,00,000/-; 2) Intimation dated May 16,2005 and May 19,2005 from Mr. Aadesh Goyal, Alternate Director, of the Company informing that he has sold 4,349 & 1000 shares respectively of the Company out of his holding of 8,604 shares and the value of the

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimation from Mr. Vinod Sood, Alternate Director of the Company: 1. Intimation dated May 20, 2005 informing that he has sold 1,100 shares of the Company out of his holding of 13,170 shares and the value of the consideration exceeds Rs. 5,00,000/-. 2. Intimation dated May 25, 2005 informing that he has sold 4,070 shares of the Company out of his holding of 12,070 shares and the value of the consideration exceeds Rs. 5,00,000/-.

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations: 1)Intimation dated May 13,2005 from Mr. G.P. Nayyar, Asst. Vice President, of the Company informing that he has sold his entire shareholding of 2,875 shares in the Company and the value of the consideration exceeds Rs.5,00,000/-; 2) Intimation dated May 13,2005 from Mr. Ajit Kumar Jain, Asst. Vice President of the Company informing that he has sold 1,000 shares of the Company out of his holding of 3,900 shares and the value of the consideration exceeds Rs.5,00,000/-; 3) Intim

Flextronics Software Systems Limited has informed the Exchange that the Company has received the following intimations: 1)Intimation dated May 11,2005 from Mr. Aadesh Goyal, Vice President & Head - HR, of the Company informing that he has sold 5,000 shares of the Company out of his holding of 13,604 shares and the value of the consideration exceeds Rs. 5,00,000/-; 2) Intimation dated May 11,2005 from Mr. C.P. Murali, Vice President - Bangalore, of the Company informing that he has sold his entire shareholding of 6,594 shares in the Company and the value of the consideration exceeds Rs.5,00,000

Flextronics Software Systems Limited has informed the Exchange that an EGM of the members of the Company will be held on June 03, 2005, for seeking the approval of shareholders for getting the shares delisted from The Stock Exchange, Mumbai and the National Stock Exchange of India Ltd. A copy of the EGM notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Flextronics Software Systems Limited has informed the Exchange that the company has called an EGM of the shareholders on June 03, 2005 for seeking their approval for getting shares delisted from The Stock Exchange, Mumbai and the National Stock of India Ltd. The company has further informed that May 27, 2005 has been fixed as the specified date for the purpose of determining the shareholders who will be entitled to attend the EGM of the company to be held on June 03, 2005.

Flextronics Software Systems Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 05, 2005 has noted the proposal of the promoter, Flextronics Sales & Marketing (L-A) Ltd., seeking voluntary delisting of the shares of the Company from The Stock Exchange, Mumbai and National Stock Exchange of India Ltd. and have approved convening an EGM of the shareholders for taking their approval.

Flextronics Software Systems Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 05, 2005 have allotted 17,663 equity shares bearing distinctive numbers 54292739 to 54310401 to the employees of the Company who have exercised their options of conversion of warrants under the ESOP Scheme of the Company.

Flextronics Software Systems Limited has informed the Exchange that the BOD's at their meeting held on May 05, 2005, recommended a dividend of 50% for the FY 2004-2005, subject to the approval of the shareholders. Further, the Company has issued a press release dated May 05, 2005, titled 'Flextronics Software Systems Announces Q4 and FY 2005 Results'. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Flextronics Software Systems Limited has informed the Exchange regarding a letter received by the BOD's of the Company from the Company's Promoter, Flextronics Sales & Marketing (L-A) Ltd. on May 04, 2005 stating as follows : Flextronics Sales & Marketing (L-A) Ltd. is the foreign promoter of Flextronics Software Systems Limited (the "Company") and holds 23,917,210 shares representing 69.74% of the paid up equity share capital of the Company. The shares of the Company are currently listed on the Stock Exchange, Mumbai and the National Stock Exchange of India. Flextronics Sales & Marketing (L-A

Flextronics Software Systems Limited has informed the Exchange regarding the holding of directors in the Company as on March 31, 2005. The details of the same are as follows: 1) Ashish Kumar Bhardwaj, Chairman holds nil shares; 2) Arun Kumar, Managing Director holds 77,600 shares; 3) Nicholas E. Brathwaite, Director holds Nil Shares; 4) Ronny Nilsson, Director holds Nil Shares; 5) Ian Duncan Robertson, Director holds Nil Shares; 6) Amal Ganguli, Director holds 5,000 Shares; 7) K.V. Ramani, Director holds Nil Shares; 8) Manoranjan Mohapatra, Alternate Director holds 26,400 shares; 9) Vinod Sood

Members of the Exchange are hereby informed that the name of Hughes Software Systems Limited shall be changed to Flextronics Software Systems Limited and the trading symbol of the company be changed from HUGHESSOFT to FSS w.e.f. March 17, 2005.

Hughes Software Systems Limited has informed the Exchange regarding allotment of shares under the Employee Stock Option Plan Schemes of the company on February 07,2005 to the following directors:1)Manoranjan Mohapatra, Alternate Director-12,000 shares.2)Vinod Sood, Alternate Director-8,625 shares.3)Aadesh Goyal, Alternate Director-8,625 shares.4)Vimal Khanna,Alternate Director- 8,625 shares.

Hughes Software Systems Limited has informed the Exchange that the company is in receipt of a notice from HSBC Asset Management (Hong Kong) Limited on February 14, 2005 stating that the HSBC Global Investments Funds a/c HSBC Global Investments Funds Mauritius Limited has acquired 73470 shares from May 5, 2004 to May 10, 2004. The mode of acquisition is through market purchase. The shareholding of HSBC Global Investment Funds Mauritius Limited after the acquisition stands to 1765341 shares which amounts to 5.19% of the total share capital of the company.

Hughes Software Systems Limited has informed the Exchange that the BoDs of the company by way of a resolution by circulation on February 07, 2005 have allotted 238,925 equity shares bearing distinctive numbers 54053814 to 54292738 to the employees who have exercised their options of conversion of warrants under the ESOP schemes of the company.

Hughes Software Systems Limited has informed the Exchange that Mr.Aadesh Goyal, Vice President-Human Resource of the company has sold 2,000 shares of the company out of his holding of 6,979 shares and the value of the consideration exceeds Rs.5,00,000/-.

Hughes Software Systems Limited has informed the Exchange that the shareholders, in the EGM held on January 24,2005, have approved the change of name of the company from Hughes Software Systems Limited to "Flextronics Software Systems Limited", subject to the approval of Central Government and other statutory approvals, if any. The company has further informed that the Shareholders and Unsecured Creditors, of the Company, in their respective meetings, held on January 24,2005 have approved the Scheme of Amalgamation between the Company and Tenet Technologies Private Limited.

Hughes Software Systems Limited has informed the Exchange that the company has issued a press release dated January 19, 2005 titled 'Hughes Software Systems Announces Q3 results.' The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Hughes Software Systems Limited has informed the Exchange that an EGM of the members of the company will be held on January 24, 2005 to approve the change in name of the Company from Hughes Software Systems Limited to Flextronics Software Systems Limited and immediately upon the said change in the name of the Company becoming complete and effective, the new name be substituted for the existing name wherever it appears in the Memorandum and Articles of Association and in all other records/display of the Company. The Company has further informed that by an Order dated November 29, 2004, the Hon'