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| Satyam files application to delist ADSs from Euronext Amsterdam |
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Hyderabad, INDIA, April 14, 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company") announced today that it had filed an application for delisting from NYSE Euronext, the regulated market of Euronext Amsterdam (“Euronext Amsterdam”), of its American Depositary Shares ("ADSs"), which are currently traded on Euronext Amsterdam. Upon careful consideration of the advantages and disadvantages of its listing on Euronext Amsterdam, the board of directors of the Company has come to the conclusion that the financial and legal burdens of a listing no longer justify a listing on Euronext Amsterdam. The application for delisting is subject to the approval of Euronext Amsterdam. Upon delisting from Euronext Amsterdam, the Company's equity shares are expected to remain listed and traded on the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE"), and its ADSs are expected to remain listed and traded on the New York Stock Exchange in New York ("NYSE"). The Company does not currently intend to delist from any of the BSE, NSE or NYSE.
Satyam Contacts:
For clarifications, write to us at MediaRelations@Satyam.com Or contact our global Satyam PR representatives at:
India Archana Muthappa archana_muthappa@satyam.com
+91-981-980-8681
US Bob Olivier robert_olivier@satyam.com
+1-301-654-0535
Europe Sandeep Thawani Sandeep_Thawani@Satyam.com
+44-783-010-3838
Asia-Pacific Dan Bleakman Dan@howorth.com.au
+61-439-408-484
Reshma Wad Jan Reshma@wer1.net
+65-98-140-507
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