Satyam Computer Services Wins Awards for Risk Management and Solution Delivery

Satyam Computer Services Wins Awards for Risk Management and
Solution Delivery
Company Recognized by Key IT and Business Executives at the Global Sourcing
Summit 


HYDERABAD, India, Nov. 24  /PRNewswire-FirstCall/ -- Satyam Computer Services
Ltd., (Satyam) (NYSE:SAY), a leading global IT services provider, today
announced that the company won the "Risk Management Award", a prestigious award
recognizing effectiveness in managing risk, and the "Solution Delivery Award",
which recognizes creativity in enhancing or transforming a client's
business/competitiveness at the first Global Sourcing Summit hosted in Bonita
Springs, Florida from November 7-9, 2004. Satyam was declared a Joint Winner in
the three-way tie for the Solution Delivery award. The Global Sourcing Summit
is produced by Vision Events, a Gartner, Inc. (NYSE:ITNYSE:andNYSE:ITB)
company.

Ram Mynampati, President Satyam Commercial & Healthcare business, said, "We
take great pride in receiving these awards because it was the attendees of the
Gartner Global Sourcing Summit who selected the recipients for this accolade. 
This honor demonstrates that decision makers of prominent companies recognize
the value that Satyam delivers to clients, regarding the best possible strategy
for risk management and solution delivery."

"The Sourcing Executives in attendance review many global sourcing solutions at
the Gartner Global Sourcing Summit. A Global Sourcing Summit Award signifies
that the attendees viewed the winners as having a level of excellence for
Sourcing Vendors in their category," said Charles Badoian, Senior Global
Director for Global Sourcing Summit.

One hundred fifty pre-qualified CxO-level sourcing and business executives,
leading service providers, Gartner analysts, and other industry experts
participated in the inaugural Gartner Global Sourcing Summit in Bonita Springs,
FL.  At the Summit, Sourcing Executives examined governance models, knowledge
management and relationship models that work effectively for nearshore and
offshore sourcing. Through Gartner analyst presentations, industry panel
discussions, and case study presentations by service providers, the attendees
explored practical examples of how organizations should approach and implement
their sourcing strategies.

About Satyam:

Satyam Computer Services Ltd. (NYSE: "SAY") is a leading global consulting and
IT services company, offering a wide array of solutions customized for a range
of key verticals and horizontals. From strategy consulting right through to
implementing IT solutions for customers, Satyam straddles the entire IT space.
It has excellent domain competencies in verticals such as Automotive, Banking &
Financial Service, Insurance & Healthcare, Manufacturing, Telecom-
Infrastructure-Media-Entertainment-Semiconductors (TIMES). As a diverse end-
to-end IT solutions provider, Satyam offers a range of expertise aimed at
helping customers re-engineer and re-invent their businesses to compete
successfully in an ever-changing marketplace. Satyam's network spans 45
countries, across 6 continents. Over 16,800 dedicated and highly skilled IT
professionals, work in development centers in India, the USA, the UK, the UAE,
Canada, Singapore, Malaysia, China, Japan and Australia, and serve over 350
global companies, including over 109 Fortune 500 corporations.

  For more information visit us at: http://www.satyam.com/

   For clarifications write to us at 
   Or contact our PR Agency at:

   India
   Rajesh G, ,
   [phone], [phone]

   US
   Ivette Almeida, ,
   [phone] ext 209

   Asia-Pacific
   Norkiah Natassia Noor, ,
   [phone], [phone]

  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 6K
concerning the fiscal quarter ended September 30, 2004 furnished to the United
States Securities Exchange Commission on November 12, 2004 and the other
reports filed with the Securities Exchange Commission from time to time. These
filings are available at http://www.sec.gov/ 

DATASOURCE: Satyam Computer Services Ltd.



CONTACT: India - Rajesh G, [phone], [phone], or

; US - Ivette Almeida, [phone], ext. 209 or

;  Asia-Pacific - Norkiah Natassia Noor,

[phone], [phone] or , all for Satyam Computer

Services Ltd.



Web site: http://www.satyam.com/ 

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