PALRED

Four Soft Limited has informed the Exchange that Palem Srikanth Reddy has sold 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on April 07, 2005 and 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on April 12, 2005. The mode of sale is Market type and the shareholding of Palem Srikanth Reddy after the said sale is 83,95,380 shares aggregating to 26.35% of the share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange that the Company has entered into Share Purchase Agreement for acquiring 100% shares of Comex Frontier a Singapore based Software Solutions provider for Freight Forwarding and Logistics Companies and MY Comex Sdn Bhd, Malaysia an eCommerce solutions provider for Logistics for a cumulative purchase consideration of approximately SG$ 2.10 Million. The Company has further informed that Comex Frontier is a 11 years old company having 56 customers in the Freight Forwarding and Logistics industry, with a strong presence in the Asia-Pacific region. MY Comex

Four Soft Limited has informed the Exchange that Palem Srikanth Reddy has sold (i) 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on May 04, 2005; and (ii) 20000 shares aggregating to 0.05% of the share capital of Four Soft Limited on May 10, 2005. The mode of sale is Market type and the shareholding of Palem Srikanth Reddy after the said sale is 83,15,380 shares aggregating to 26.10% of the share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange that Palem Srikanth Reddy has sold (i) 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on April 19, 2005; (ii) 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on April 26, 2005; (iii) 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on April 29, 2005. The mode of sale is Market type and the shareholding of Palem Srikanth Reddy after the said sale is 83,50,380 shares aggregating to 26.21% of the share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange that Palem Srikanth Reddy has sold (i) 20000 shares aggregating to 0.06% of the share capital of Four Soft Limited on March 23, 2005; and (ii) 15000 shares aggregating to 0.05% of the share capital of Four Soft Limited on April 4, 2005. The mode of sale is Market type and the shareholding of Palem Srikanth Reddy after the said sale is 84,25,380 shares aggregating to 26.44% of the share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange regarding sale of shares of Four Soft Ltd. by Palem Srikanth Reddy. The details of the same are as follows: 1) 20,000 shares aggregating 0.06% of the share capital of Four Soft Limited on March 23, 2005. 2) 15,000 shares aggregating 0.05% of the share capital of Four Soft Limited on April 04, 2005. The mode of sale is Market type and the shareholding of Palem Srikanth Reddy after the said sale is 84,25,380 shares aggregating to 26.44% of the share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange that Palem Srikanth Reddy has sold 15000 shares aggregating to 0.05% of the total share capital of Four Soft Limited on March 18, 2005. The mode of sale is Market type and the shareholding of Palem Srikanth Reddy after the said sale is 84,60,380 shares aggregating to 26.55% of the total share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange regarding sale of shares of Four Soft Ltd. by Palem Srikanth Reddy. The details of the same are as follows: 1) 5000 shares on March 7, 2005. 2) 5000 shares on March 8, 2005. 3) 5000 shares on March 9 2005. 4) 5000 shares on March 10, 2005. 5) 5000 shares on March 11, 2005 and 6)5000 shares on March 14, 2005. The mode of sale is Market type. The shareholding of Palem Srikanth Reddy after the said sale is 84,75,380 shares aggregating to 26.60% of the total share capital of Four Soft Limited.

Four Soft Limited has informed the Exchange that the company has signed a contract with DHL Danzas Air & Ocean, Asia Pacific for developing Quote Management System(QMS) on a project basis for Euro 65,000.

Four Soft Limited has informed the Exchange that the Company has been awarded the best IT Small and Medium Enterprises award for the year 2003-04 from Hyderabad Software Exports Association (HYSEA) a premier IT association.

Four Soft Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the three months ended September 30, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Four Soft Limited has informed the Exchange that the Company has added two new Senior level management. The details of the same are as under: 1)Mr. Rakesh Muniggala has joined as G.M.-Client Services, who will be managing the Customer Support & Implementation operations, Product Design and Marketing functions. 2)Mr. Mahaboob Hussain has joined as G.M.-Product Development and Technology, he will be responsible for the development of core products, quality assurance, training and technical support. 3)Mr. Sashi Sekhar Paramanik has resigned as CTO of the company. His current responsibilities woul

Four Soft Limited has informed the Exchange that the Company has signed a contract with C H Robinson Europe for sale of License of eTrans product for Euro 40,175.

Four Soft Limited has informed the Exchange that the company has bagged an order for its e-Trans SME product from Fast Forward Freight, a freight forwarding company in Netherlands on a monthly rental of Euro 4,000 per month for 48 months.

Four Soft Limited has informed the Exchange that the company has set up a Joint Venture company in China in association with an Enterpreneur.With this Four Soft forsees business opportunities in People's Republic of China and also plans to expand its operations in Far east Asia.

Four Soft Limited has informed the Exchange that the company has secured a contract from Dart Express Group in Europe, for a total order valued at Euros 33,800. Dart express is a global freight forwarder operating in 24 countries across the world.

Four Soft Limited had informed the Exchange that the company had secured a contract from Dart Express Group in Europe, for a total order valued at Euros 33,800.The company has now clarified that the License value for the order is Euros 19,500 and Euros 14,300 is towards maintenance and estimated services built around the product. This order is for Netherlands only and on a rental basis of Euros 666 per month over a period of time.

Four Soft Limited has informed the Exchange that the company has set up a Joint Venture Company in China in association with an entrepreneur. With this Four Soft forsees business opportunities in People's Republic of China and also plans to expand its operations in Far East Asia.

Four Soft Limited has informed the Exchange that the Company has acquired the 100% shares of CargoMate a Netherlands based Transportation and Logistics solutions provider for a transaction value approximately USD 1.90 M. CargoMate stockholders will receive 87.5% in cash and 12.5% in form of common stock of Four Soft. The transfer of shares has been completed and the company will be renamed as Four Soft B V, a 100% subsidiary of Four Soft. CargoMate has over 14 years of experience and 50 customers in the Freight Forwarding and transportation industry, with a strong presence in the Netherlands

Four Soft Limited has informed the Exchange that the company has signed a stock purchase agreement for acquisition of 100% stock of a Netherlands based Software Development Company specialised in freight forwarding and transportation industry. The actual purchase and sale of shares shall take place within 17 days from date of signing of stock purchase agreement.