* Satyam and CIPET collaborate to develop new engineering plastic materials

HYDERABAD, India, 2 April, 2008: Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, announced today that it has signed a MoU with Central Institute of Plastics Engineering & Technology (CIPET), Hyderabad, an autonomous Plastics Training & Application Research Institute, under the Ministry of Chemicals and Fertilizers, Government of India, for developing new engineering plastic materials through an Industry-Institute collaborative approach. The collaboration is part of Satyam’s strategic initiative of developing a global innovative ecosystem of alliances to provide total engineering solutions to its global customers.

“CIPET – Satyam relations will strengthen the research base in innovative plastic material development which will benefit the industry and community. This is one of the initiatives taken up by CIPET Hyderabad in the field of applied research to work closely with the demands of the industry,” said Mr. Poomalai, Head & Deputy Director, CIPET, Hyderabad.

The proposed alliance is aimed at synergizing the product design and development expertise of Satyam Engineering Solutions and application research of CIPET, Hyderabad to develop innovative materials for new products being developed for customers worldwide. This relationship will establish CIPET & Satyam together as a provider of applied research services to meet the needs of the global customers thereby successfully establishing an Industry-Institute partnership.

“This partnership would help Satyam Engineering Solutions to be a leading product design service provider with an innovation ecosystem of alliance partners,” said Dr. T.S.K Murthy, Global Head – Integrated Engineering Solutions, Satyam.

Engineering plastic materials are used widely in various industries and they have evolved many innovative products and have become an integral part of our lives. In a typical industry, constantly shrinking product development lifecycles and the desire to bring new products to the market faster are the key factors contributing towards higher demand for new plastic products with better characteristics for application and manufacturability.

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About Satyam

Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 61* countries.

Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company’s 49,199* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.

Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 630* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.

*As of Dec. 31, 2007

About CIPET

Central Institute of Plastics Engineering and Technology (CIPET) is an autonomous Plastics Training & Application Research Institute under the Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, Government of India. CIPET was established at Chennai in 1968 with UNDP assistance, and is the only institute of its kind in India where all the facilities like design, tooling, processing and testing of Plastics are available under one roof. CIPET caters to the needs of plastic industries through manpower training, processing, design and CAD/CAM/CAE, testing, consultancy, advisory and developmental services.

CIPET has established extension centers spread across 15 states of the country to meet the growing needs of Plastics conversion industry. Each centre of CIPET has been equipped with state-of-the-art machinery in the area of mould/product design and development, CAD, Plastics processing and testing/quality control.

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Satyam Contacts

For clarifications, write to us at MediaRelations {at} Satyam(.)com

Or contact our global PR representatives at:

India Vishwesh Iyer vishwesh.iyer {at} ogilvy(.)com

+ 91-98200 53697

US Siobhan Aalders Siobhan.Aalders {at} ogilvypr(.)com

+1-212-880 5341, +1 347 387 0733

Europe Clare Gibbins clare.gibbins {at} uk.ogilvypr(.)com

+44-20-7309 1037

Asia-Pacific Reshma Wad Jain, Reshma {at} wer1(.)net

+65 6737 4844, +65 981 40507

Dan Bleakman, dan {at} howorth.com(.)au | + 61 2 8281 3823

Safe Harbor

This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 6-K concerning the quarter ended December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.