Satyam confirms resignation of two Directors

Hyderabad, India, December 29, 2008: Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced the resignation of two of its directors, Prof. Krishna G Palepu, Non-Executive Director and Mr. Vinod K Dham, Non-Executive & Independent Director, from its Board.

B. Ramalinga Raju, Chairman and Founder said, “We would like to thank them for their valuable contributions, while they served on our Board”.

“Amongst other items that are being taken up for consideration in the Board meeting scheduled on Jan 10, 2009, reconstitution of the Board will be an important item.” Raju added.

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 6-K concerning the quarter ended September 30, 2008, furnished to the Securities and Exchange Commission on 07 November, 2008, and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at http://www.sec.gov

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