Hexaware appoints S K Mitra to the board

Mumbai, India "� December 21, 2007: Hexaware Technologies, a leading global provider of IT and BPO services based in India, today announced a new addition to its Board of Directors. S.K. Mitra has been appointed as an independent Director and a new member to the Board of Hexaware.

Welcoming Mr. Mitra to the Hexaware Board of Directors, Mr. Atul Nishar, Founder and Chairman, Hexaware Technologies said, "With his extensive experience in setting up and running financial services ventures, Mr. Mitra brings to the company excellent financial proficiency. His experience will be a great asset to the company and will add to the quality of corporate governance at Hexaware."

Belonging to one of the early batches of investment bankers in India, Mr. Mitra was instrumental in setting up the Merchant Banking Divisions of two banks - Bank of India and Standard Chartered Bank. He has also headed Corporate Banking and Investment Banking at American Express Bank. At a stage when asset management was in the early stage of development in the country, he set up the GIC Mutual Fund in India. He has also been active in several important Committees and Chambers in India.

In June 1994, when he joined the Aditya Birla Group as Director, Financial Services he was responsible for establishing the highly respected and successful financial services activities for the Group. Setting up and overseeing the highly successful stock broking company dealing in both equity and fixed income securities, managing the financial services businesses as CEO, being a member of Board, Executive Committee, Investment Committee, Audit Committee of each of the companies in financial services are some of the accolades he has credited to his name at the Aditya Birla Group. With effect from August 1, 2007 he has stepped down from active role for an advisory role. He has been associated with several reputed companies as an independent Director and Advisor.

About Hexaware

Hexaware is a leading global provider of IT and BPO services. The Company has achieved leadership position in domains such as Banking, Financial Services, Insurance, Transportation, Logistics and HR-IT solutions. Hexaware focuses on delivering business results leveraging technology solutions and specializes in Business Intelligence & Analytics, Enterprise Applications, Independent Testing and Legacy Modernization. Hexaware has been providing technology solutions for business for 17 years and offers world class service delivery, technology leadership and skilled human capital. For additional information logon to www.hexaware.com