POLARIS

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated May 20, 2011 allotted 24,800 equity shares to the Associates of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated May 25, 2011, titled "Polaris Launches First Ever Cloud-Ready Platform for the Insurance Sector".

Polaris Software Lab Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from July 11, 2011 to July 20, 2011 (both days inclusive) for the purpose of payment of final dividend @ 90% if approved by the shareholders & the Annual General Meeting of the Company to be held on July 20, 2011.

Polaris Software Lab Limited has informed the Exchange that pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors of the Company at its meeting held on April 28, 2011; 1,38,000 numbers of Stock Options have been granted to 25 Associate (employees and directors) of the Company at price of Rs.208.75 per share under the Associate Stock Option Plan 2003.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 28, 2011 has approved a Scheme of Amalgamation & Merger between Polaris and SFL Properties (P) Limited, a wholly owned subsidiary of Polaris.The Board of Directors of the Polaris at its meeting held on April 28, 2011 has approved a Scheme of Amalgamation & Merger between Polaris and Laser Soft Infosystems Ltd, (Laser Soft) a subsidiary of Polaris. Polaris is holding nearly 99.29% of equity shares of Laser Soft. This merger is being planned in order to synergize the ope

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated April 28, 2011 allotted 20,500 equity shares to the 10 Associates and 1 Director of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the of Company at its meeting held on April 28, 2011 has approved and recommended the re-appointment of Mr. Arun Jain as Chairman and Managing Director for a further period of 5 year from June 01, 2011 upon expiry of his current term of office as Chairman & Managing Director on May 31, 2011.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated April 28, 2011, titled "Polaris grows 9% q-o-q; Quarterly revenues poised to cross $100 million".

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-MAR-2011 as follows: Net Sales of Rs. 43753.28 lacs for quarter ending on 31-MAR-2011. Net Profit / (Loss) of Rs. 5757.75 lacs for the quarter ending on 31-MAR-2011.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2011 as follows: Net Sales of Rs. 37873 lacs for quarter ending on 31-MAR-2011 against Rs. 34827.8 lacs for the quarter ending on 31-DEC-2010. Net Profit / (Loss) of Rs. 5105.04 lacs for the quarter ending on 31-MAR-2011 against Rs. 5129.75 lacs for the quarter ending on 31-DEC-2010.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2011 as follows: Net Sales of Rs. 158633.14 lacs for year ending on 31-MAR-2011 against Rs. 135375.62 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 20245.97 lacs for the year ending on 31-MAR-2011 against Rs. 15284.24 lacs for the year ending on 31-MAR-2010.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2011 as follows: Net Sales of Rs. 137596.45 lacs for year ending on 31-MAR-2011 against Rs. 114347.69 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 18702.78 lacs for the year ending on 31-MAR-2011 against Rs. 13064.32 lacs for the year ending on 31-MAR-2010.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors at its meeting held on April 28, 2011 has recommended a dividend of Rs.4.50 per share (90%) on the Equity Share Capital of the Company for the financial year 2010-11.

Polaris Software Lab Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2011.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated April 27, 2011, titled "Polaris enters Cloud Computing space through strategic investment in IdenTrust".

Polaris Software Lab Limited has informed the Exchange that the Company have signed a definitive agreement between the parties to make a strategic investment of 85.3% equity in IdentTrust Inc. a US based company subject to all relevant regulatory approvals.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated April 18, 2011, titled "Polaris Wins Two Prestigious Awards for its Highly Innovative Core Banking and Wealth Implementations".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated April 05, 2011, titled "Polaris Launches Intellect CBX at NACHA".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated March 31, 2011, titled "American Society for Training & Development Certifies Polaris Software as "Champion of Learning"".

Polaris Software Lab Limited has submitted to the Exchange a copy of disclosure (Form D) under Regulation 13(4) and (6) of Insider Trading Policy received from Mr. Jaideep Billa with respect to change of shareholding in Polaris Software Lab Limited.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors meeting of the Company scheduled on March 15, 2011 is postponed and the revised date will be informed.

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated March 09, 2011 allotted 2000 equity shares to a Director of the Company under the Associate Stock Option Plan 2003.

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated February 25, 2011 allotted 6,700 equity shares to the Associates of the Company under the Associate Stock Option Plan (ASOP) 2003.

Polaris Software Lab Limited has informed the Exchange regarding the press release dated February 09, 2011 titled "Intellect (TM) Payments Services Hub Receives XCelent Award".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated February 01, 2011, titled "Polaris debuts as a "Strong Performer" in an independent Analyst Report on Global Banking Platforms".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated January 25, 2011, titled "SHB, Vietnam Goes Live With Intellect Global Universal Banking".

Polaris Software Lab Limited has informed the Exchange that pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on January 21, 2011; 62000 numbers of Stock Options have been granted to the employees and directors of the Company at price of Rs.183.85 per share under the Associate Stock Option Plan 2003 18 Associates. The vesting of the said Stock Options is as follows: 20% of the options - One year from the date of offer/grant date; 20% of the options - Two year from the date of offer/grant date; 20% of the options - Three year from the date

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee meeting of the Board of Directors of the Company held on January 21, 2011 allotted 12,700 equity shares to the employees of the Company under the Associate Stock Option Plan 2003.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated January 21, 2011 , titled " Product sales power Polaris growth."

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 34827.8 lacs for quarter ending on 31-DEC-2010 against Rs. 33933.64 lacs for the quarter ending on 30-SEP-2010. Net Profit / (Loss) of Rs. 5129.75 lacs for the quarter ending on 31-DEC-2010 against Rs. 4396.78 lacs for the quarter ending on 30-SEP-2010.

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 39989.5 lacs for quarter ending on 31-DEC-2010 against Rs. 38833.87 lacs for the quarter ending on 30-SEP-2010. Net Profit / (Loss) of Rs. 5012.89 lacs for the quarter ending on 31-DEC-2010 against Rs. 4815.22 lacs for the quarter ending on 30-SEP-2010.

Polaris Software Lab Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended December 31,2010.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated January 06, 2011, titled "Polaris Wins 'Vendor to Watch' award for Global Core Banking Systems by Aite Group".

Polaris Software Lab Limited had informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated December 17, 2010 allotted 3,600 equity shares to the employees of the Company under the Associate Stock Option Plan 2003. The Company has now informed the Exchange that there was a typographical error occurred on the information provided on Allotment of Equity Shares under ASOP Schemes.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated December 22, 2010, titled "Polaris, IBM prove scale of support for Intellect (TM) Cards Platform".

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated December 17, 2010 allotted 3,600 equity shares to the employees of the Company under the Associate Stock Option Plan 2003.

Polaris Software Lab Limited has informed the Exchange regarding a media release dated December 01, 2010, titled "Central Bank of Seychelles Goes Live with Polaris' Intellect Core Banking System for Central Banks".

Polaris Software Lab Limited has informed the Exchange that "The Company has purchased a property at Chennai for developing a new development centre through 100% purchase of equity shares of SFL Properties Private Ltd, Chennai."

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company vide Circular Resolution dated November 22, 2010 allotted 42,600 equity shares to the employees / Director of the Company under the Associate Stock Option Plan 2003.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated November 03, 2010, titled "Polaris Software Delivers Customer On-boarding Hub Solution to Bank of Montreal (BMO) Capital Markets".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated October 25, 2010, titled "Intellect(TM) GUB M180 addresses Banking Efficiency Challenge".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated October 22, 2010, titled "Polaris launches School of Financial Technology".

Polaris Software Lab Limited has informed the Exchange that the Shareholder's Committee of the Board of Directors of the Company meeting held on October 19, 2010 allotted 6,400 equity shares to the employees of the Company under the Associate Stock Option Plan 2003.

Polaris Software Lab Limited has informed the Exchange that pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on October 19, 2010; 125000 numbers of Stock Options have been granted to the employees and directors of the Company at price of Rs.173.85 per share under the Associate Stock Option Plan 2003 & 2004 respectively (ASOP 2003-100,000 numbers of options (31 Associates) and (ASOP 2004-25,000 numbers of options (8 Associates).

Polaris Software Lab Limited has informed the Exchange regarding a press release dated October 19, 2010 titled "Polaris quarterly profit up 42%; Intellect revenue grows 45%; Global Sourcing increases 10% sequentially".

Polaris Software Lab Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 38833.87 lacs for quarter ending on 30-SEP-2010 against Rs. 36056.5 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 4815.22 lacs for the quarter ending on 30-SEP-2010 against Rs. 4660.09 lacs for the quarter ending on 30-JUN-2010.

Polaris Software Lab Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 33933.64 lacs for quarter ending on 30-SEP-2010 against Rs. 30962.01 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 4396.78 lacs for the quarter ending on 30-SEP-2010 against Rs. 4071.22 lacs for the quarter ending on 30-JUN-2010.

Polaris Software Lab Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2010.

Polaris Software Lab Limited has informed the Exchange regarding a press release dated October 12, 2010 titled "Polaris recognized as a Leader in Magic Quadrant for International Retail Core Banking".

Polaris Software Lab Limited has informed the Exchange regarding a press release dated September 16, 2010 titled "Nilambur Co-operative Urban Bank signs up Intellect (TM) Core Banking Solution for Cooperative Banks from Polaris".