IT major ranked first for transforming enterprise knowledge into shareholder value and third in the overall ranking

Bangalore, India, October 17, 2008

Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that it has been recognized as a winner of the Asian MAKE Awards, 2008 and finished third overall; a rise from a ranking of 15th from the previous year. Wipro was ranked first in the ‘Transforming enterprise knowledge into shareholder value’. It was also ranked high in the ‘Developing knowledge workers through senior management’ and in the ‘Managing customer knowledge’ categories. This is the sixth time in a row that Wipro Technologies has been recognized as an Asian MAKE winner.
The MAKE Winners are chosen by a panel of Fortune 500 business executives and leading knowledge management and intellectual capital experts after an initial short-listing based on nominations by the panel.

The Asian Most Admired Knowledge Enterprises (MAKE) study is part of Teleos’ MAKE research programme. The Asian MAKE study was established in 2002 to recognize organizations founded in Asia for their ability to create shareholder wealth (or in the case of public and non-profit organizations, increasing societal capital) by transforming new as well as existing enterprise knowledge and intellectual capital into superior products/services/solutions.

“MAKE winners have continually delivered knowledge management and transformational knowledge within and outside of their enterprises." said Rory Chase, Managing Director, Teleos – MAKE “Wipro Technologies is consistently delivering on their promise of high quality services and by winning this award for the sixth time in a row, has proved itself to be a knowledge driven organization geared to achieve greater benchmarks in Knowledge Enterprise.”

Expressing happiness on the recognition for Wipro’s knowledge initiatives, Sambuddha Deb, Chief Global Delivery Officer, Wipro Technologies said, “We are honored to be recognized by this award. At Wipro, we strongly believe in developing key business processes that focus on creating and sharing of knowledge with our customers. This helps us provide “continuous value” to our customers through a combination of best practices and unique delivery models. It is a delight to be recognized for this practice through this award.”

Wipro Technologies has also made it to the 2008 Global MAKE Awards which would be announced later during this year.

Started in 1998, the annual MAKE survey is now the leading benchmark for the world’s best knowledge-based organizations. Each year, the survey identifies organizations that stand above the crowd in the knowledge economy. Wipro Technologies has been awarded the Asian Make awards for the past six years, and in last year Wipro was inducted into the MAKE Hall of Fame.

About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.

Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our websites at
http://www.wipro.com/
http://www.wiprocorporate.com/

About Teleos
Teleos is an independent knowledge management and intellectual capital research firm, administers the Most Admired Knowledge Enterprises (MAKE) program. The KNOW Network is a Web-based global community of organizations dedicated to achieving superior performance through benchmarking, networking and best practice knowledge sharing.
The MAKE research program, conducted in association with The KNOW Network, consists of the annual Global MAKE study - the international benchmark for world-class knowledge-driven organizations - and regional/national MAKE studies.