NIIT Technologies

With reference to the news item appearing in a leading financial daily titled "PE majors eye stake in NIIT Tech - Carlyle, TPG in Talks with Promoters for 25.40% stake", NIIT Technologies Ltd has clarified that the said mater already been taken up with the Editor of the respective financial daily.

Further the Company has submitted to the Exchange a copy of the letter sent by NIIT Ltd to the Editor of the financial daily. The details of the same are as under:

"You will appreciate the fact that since ours is a public-listed Company, misleading statement like, these, particularly when reported as the top headline on page 1 in the respected medium like yours, lead to unnecessary speculation. Through this letter we request you to publish a corrigendum immediately on the correct status, to dispel possible confusion caused by today's incorrect headline.

We continues to admire your paper for its high standards of reporting. Hopefully the Company will not be disappointed on its assessment, by inaction on your behalf, on this high priority instance."