Satyam Business Outlook

Satyam Computer Services Ltd has announced the following Business Outlook:

1. For fiscal 2008, under US GAAP, revenue is expected to be between US$ 2,119 mn and US$ 2,122 mn, implying a growth rate of 45% to 45.2% over fiscal 2007. Basic earning per ADS for fiscal 2008 is expected to be US$ 1.27, implying a growth rate of 39.6% over fiscal 2007.

2. Corresponding revenue growth under Indian GAAP consolidated is expected to be between 29% and 29.2%. EPS for the full year is expected to be Rs 25.5, implying a growth rate of 18.9%.

3. For Q4 FY 2008, under US GAAP, revenue is expected to be between US$ 594 mn and US$ 597 mn, implying a growth rate of 5.6% to 6.1%. Basic earning per ADS for the quarter is expected to be US$ 0.36.

4. For Q4 FY 2008, under Indian GAAP consolidated, corresponding revenue growth rate is expected to be between 5.3% and 5.8%; EPS for the Quarter is expected to be between Rs 7.23.