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LGS awarded 'Best Debutant Partner' at GENPACT's Global Partner Meet 2006

Hyderabad, February 3, 2006

In what is a recognition of LGS’ commitment towards delivery excellence, the Company was accorded the GENPACT 'Best Debutant Partner' award at the GENPACT Global Partner Meet 2006 held in New Delhi on February 3, 2006.

This award is in recognition of:

LGS’ performance in fulfilling GENPACT’s requirements

Alignment of LGSbusiness plans with GENPACT’s growth plans

The commitment from LGS’ senior management in building a strategic alliance & partnership with GENPACT within a short span of 3 months

The GENPACT Award is an auspicious beginning to a promising year ahead.

About LGS

LGS enables real time enterprise computing through the deployment of mission critical applications for clients. Our global clientele includes Fortune 500 companies and Government Agencies. Our business knowledge in key verticals such as Financial Services, Healthcare, Manufacturing, Chemicals, Life Sciences, Government, Energy and Retail helps us provide solutions specific to the needs and focus on delivering business value for our clients. LGS is a global IT Services provider with its Registered Office & Headquarters in Hyderabad, India. LGSis listed on the Bombay Stock Exchange. For more information, please visit our website www.lgsglobal.com

Safe Harbor

This Press Release is based on, and includes, forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. NeitherLGS, nor any of its directors, officers or employees will have any liability to you or any other persons resulting from use of the information provided here. The statements made here concerning our future growth prospects are predictive in nature and based on current expectations, estimates and projections and are dependent on changing global economic conditions, and the economic conditions in our major operating markets. In order to differentiate those statements that are not certainties we use expressions like "expect", "estimate" etc. While we believe that our expectations and the information in this Press Release are based upon reasonable assumptions at the time when they were made, we can give no assurance that we will achieve those expectations or that the actual results will be those that we portray in this Press Release. All trademarks used in this Press Release are trademarks of the respective owners. LGS is a branded trademark.

Contact for Media:

Swarnalatha Duttaluri : swarnalatha.duttaluri@lgsglobal.com

Contact for Investor Relations/Legal:

M.Jagadeeshwara Rao, Company Secretary: jagadeesh.mabagapu@lgsglobal.com

News Room

We not only aim to meet client’s requirements, we aim at quality standards and we also endeavor to surpass them at every new attempt we make. As a team we firmly believe that our excellence is enhanced by immense dedication and constant commitment.

LGS has bagged first of its kind e-Governance project from Govt. of AP for Cooperative Oilseeds Grower’s Federation Ltd. (Agricultural Dept.).

LGS has bagged an ERP project from Flowserve for development services and support for Oracle E-Business Suite applications in order to stabilize their current environment.

LGS has bagged another project in Middle East (Dubai) for implementing Oracle EBS Financials. This project requires Onsite implementation for Oracle EBS Financials implementation, integrating with Oracle retail solution for Al-Sorayai Group.

LGS has secured an End-to-End SAP implementation project for Bangalore based company, BSR Infratech India Ltd.

LGS along with PWC (Price Waterhouse Coopers) secures a Strategic win for Implementation of PeopleSoft 9.0 Asset Management at Methanex, Trinidad

LGS has won a substantial and prestigious order from Health Management Research Institute (HMRI) for Tracking their Fleet of Ambulances being Operated under the 104 Service of Govt. of AP.

It’s a moment of joy for LGS family, as we have bagged another prestigious order from Rajasthan Co-operative Dairy Federation Limited (RCDFL) for SAP ERP implementation in consortium with RESSEAUX Tech Pvt. Ltd.

LGS has successfully implementing many projects on Oracle and now we have bagged a prestigious project from Air Liquide which has been a despot in gases industry over a decade.

LGS has placed its foot firmly in Middle East (Dubai) for implementing Oracle EBS Financials for ‘Zawya Project’ of Al Ghurair.

LGS signs contract with Mountain Area Community Services (MACS), North Carolina, USA to provide Healthcare IT Services which comprises of implementing LGS Global’s Primary Health application and streamlining movement of medical information, record keeping, billing and analysis of patient information.

LGS has secured ERP implementation project for Hyderabad based FortuneArt group.

MatchPoint is proud to have been strategically associated with LGS for the past several years as our offshore arm offering comprehensive 24x7 services across multiple applications from their Hyderabad facility as “Team MPS-LGS”.
LGS Bagged Prestigious Oracle & PeopleSoft ERP Implementation Project for Ariba along with MatchPoint.

LGS is to undertake an innovative initiative for Masco Contractor Services (MCS) to provide Testing Services (Load & Performance Testing) on Oracle Applications 11i to cover end-to-end Oracle business flow (Financials, Distribution) and several other tools such as Schedule & Dispatch and Work Brain.

LGS has made its presence felt comprehensively in the Middle East in Implementation of ERP Projects. The aforementioned project for National Operation and Maintenance Company (NOMAC) consists of Onsite SAP PM Implementation.

LGS has bagged a prestigious Oracle ERP implementation project from Semi-Conductor Laboratory, Department of Space, Government of India.

LGS in collaboration with MPS has secured another project for SAP Process Integration & Implementation services for Ariba

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