iGate Global - Updates on Delisting Offer

iGATE Corporation, USA ('Acquirer') has informed as follows:

"Pursuant to the approval obtained from the members of the iGate Global Solutions Ltd (Target Company) at their Extra Ordinary General Meeting held on November 13, 2007 & the Public Announcement made by iGATE Corporation, USA ('Acquirer') along with IGATE Inc. ('Person Acting in Concert') on November 14, 2007 to delist the equity shares of the Company from the Bombay Stock Exchange Ltd ('BSE'), National Stock Exchange of India Ltd ('NSE') and the Bangalore Stock Exchange Ltd ('BGSE') ('Stock Exchanges').

The delisting offer was made through Reverse Book Building process of the BSE for determining the discovered price / exit price pursuant to and in compliance with the Securities Exchange Board of India (Delisting of Securities) Guidelines - 2003 ('Delisting Guidelines').

The delisting offer opened on November 26, 2007 and closed on November 30, 2007 for shareholders of the Company holding their shares in dematerialized form. As per the Reverse Book Building Process, the discovered price / exit price has been arrived at Rs 410/- per equity share.

We have accepted the exit price of Rs 410/- (Rupees Four Hundred and Ten Only) per equity share of the Company and have communicated the same to the Company."