HEXAWARE

Hexaware Technologies Limited has informed the Exchange that at the Capital Issue Committee meeting, the following equity shares were issued & allotted, under the ESOP Schemes: 1) Pursuant to the Hexaware Technologies Limited - Employees Stock Option Scheme - 1999, 13 beneficiaries of the Trust have exercised 91,683 Warrants. The Capital Issue committee approved the same on January 12,2005 as recommended by the compensation committee. Accordingly, 30561 equity shares of Rs.10/- each were issued and allotted under the Scheme. 2) Pursuant to the Hexaware Technologies Limited - Employees Stock Op

Hexaware Technologies Limited has informed the Exchange that at the Capital Issue Committee held on October 07, 2004 and as recommended by Compensation Committee, the following equity shares were issued & allotted under the ESOP Schemes: 1) Pursuant to the Hexaware Technologies Limited - Employees Stock Option Scheme - 1999, the beneficiaries of the Trust has exercised 109095 Warrants. Accordingly, 36365 equity shares of Rs.10/- each were issued and allotted under the Scheme. 2) Pursuant to the Hexaware Technologies Limited - Employees Stock Option Plan - 2002, 85 employees have exercised the