Company News

April 17, 2008: Mumbai,India: Rolta India Limited, one of India's leading IT companies, specializing in GeoSpatial Information Systems (GIS), Engineering Design Automation (EDA) and Enterprise Information and Communication Technology (EICT), today announced unaudited financial results for the third quarter ended March 31, 2008.

Financial Highlights

* Consolidated Revenue for the quarter increased to Rs. 2,883.7 mn (USD 72.2 mn) as against Rs. 1,855.9 million (USD 42.7 Million) in corresponding quarter of the previous year, a year-on-year growth of 55.4% and quarter-on-quarter (Q-o-Q) growth of 19.3%.

* Consolidated Profit After Tax for the quarter ended March 31, 2008 has shown a robust year-on-year (y-o-y) growth of 44.3 % to Rs. 657.2 mn (USD 16.5 mn), as against Rs. 455.4 mn (USD 10.5 Million) in the corresponding quarter of the previous year, and Q-o-Q growth of 9.1%.

* Consolidated Basic Earnings Per Share adjusted for the issue of Bonus Shares at 1:1 in January 08, was Rs. 4.1 (USD 0.10) for the quarter ended March 31, 2008 as against Rs. 2.8 (USD 0.07) in the corresponding quarter last year.

Operational Highlights

The Company continued to strengthen its operations to sustain its rapid growth and to prepare itself for a larger scale of operations. Towards this end, the Company appointed Ms. Preetha Pulusani as a Joint Managing Director and a member of the Board, based in Mumbai. She brings extensive first-hand experience specifically in GIS and EICT to the Company, having served in the US as the President of Intergraph’s GIS and Mapping business unit, and also as the CEO of Adeptmedia Corporation. Rolta also appointed Mr. Karl Seil as Director of the Engineering to head the business unit in Mumbai. He was formerly in the US with Bechtel for 22 years, and then with Stone & Webster as Director Engineering and Worley Parsons as VP of Operations and Engineering. The Company established a subsidiary in Sydney, Australia and appointed Mr. Dinesh Desilva as the President. The Company has similarly added senior management staff in various divisions and global subsidiaries to boost our sales, marketing and delivery capabilities.

The Rolta Academy, established as a captive facility to train entry-level employees in a structured manner, has proven to be a very successful initiative. During the quarter over 300 technical professionals were inducted in various disciplines raising the total employee strength of the Company to about 5,000.

The Company’s internal operations are being strengthened by implementing a comprehensive ERP solution that covers all business units worldwide. The first phase of the implementation was successfully completed during the quarter. This provides a robust foundation for the rapidly increasing scale of operations, and for efficiently integrating operations of acquisitions with those of the Company.

In the GeoSpatial Information Systems (GIS) segment, the Company won large orders from nodal agencies and power distribution companies in India. The Company continues to win and execute defense contracts. In the International markets, the company has been awarded large contracts by telecom and utility majors. Rolta continues to make inroads into newer segments of GIS with innovative deployment of our OnPoint technologies.

Rolta Thales Limited (RTL) the company’s Joint Venture with Thales has made significant progress in introducing various new technologies to the Indian Defence segment.

The Company has won large orders for services and solutions in the Engineering Design segment from a number of Indian owner-operators and EPCs in the petroleum, refining and power segments. On the international front, Rolta continues to execute large engineering design projects. New business won during the quarter includes projects in the Middle East and add-on business for detail design and engineering analysis from clients in Europe and North America. During the quarter, the company also won several contracts for ship design services from large European shipyards.

Stone & Webster Rolta Limited (SWRL) the joint venture company continues to report steady growth with several large projects from petrochemical companies and large refineries apart from providing engineering design services for global projects of Stone & Webster. The company is currently executing a prestigious multi year engineering design and procurement project from the global major Exxon Mobil.

Rolta continued to make rapid strides in growing its e-security and network management business in partnership with CA. Similarly, Rolta’s Oracle technology and applications business has shown significant growth. The Company has booked new business in all geographical regions worldwide, including multi-million dollar orders.

The Company acquired TUSC, the “Oracle technology experts” based in Chicago. Integration of this company into Rolta’s mainstream operations is well underway. Acquisition of TUSC has given an impetus to building a strong portfolio of products, technology and high-end services, and has resulted in a quantum jump in consolidated EICT business. This has given the Company the ability to offer wider and higher-value services in our GIS and Engineering segments, while concurrently improving the Company’s access to complementary markets and industry segments. Rolta is now expanding its portfolio of services to offer enterprise level solutions, especially to the engineering and GIS users.

About Rolta:

leading provider and developer of Information Technology based GeoSpatial Information Systems (GIS), Engineering Design Services, Software Development, Advanced Security, Network Management, ERP Consulting and Deployment services worldwide. Rolta, through its joint venture Stone & Webster Rolta Ltd., provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta's joint venture with Thales, France, leverages a broad spectrum of cutting-edge technologies, systems and solutions from Thales, and Rolta's leadership position in the Indian market. This JV takes advantage of the technology transfer from Thales for developing state-of-the-art C4ISTAR information systems, for domestic and international markets. Rolta has acquired Orion technology Inc. a Canadian software and integration company specializing in enterprise Web GIS Solution and TUSC, an IT Consulting company specializing in ERP applications as well as database and business intelligence solutions, based on Oracle technologies. Rolta, headquartered in Mumbai, employs about 5000 professionals with countrywide infrastructure and international subsidiaries across the globe and is today a strong player in the Infrastructure, Defence, Homeland Security and Enterprise Information & Communication Technology (ICT) markets. Forbes ranked Rolta as one of "Asia's Best 200 Under a Billion" for the fourth time in the last six years. The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.

Rolta Announces Acquisition of TUSC

January 23, 2008: Mumbai,India: Rolta, one of India’s leading IT companies, specializing in GIS/GeoSpatial Information Systems, Engineering Design, and Enterprise Information & Communications Technology, today announced the acquisition of Broech Corporation, doing business as “TUSC”, an IT Consulting Company specializing in ERP applications as well as Database and Business Intelligence solutions, based on Oracle technologies. The consideration for this transaction is about US$ 45 million, including escrows and earn-outs. Rolta expects this transaction to be immediately accretive to shareholder value in the current fiscal year ending in June 2008.

As a part of its systematic and aggressive growth plans, Rolta has adopted a clear acquisition strategy of taking over companies that provide a synergetic mix of Technology and IPR, enabling Rolta to move up the value chain for addressing complementary markets. This is the second acquisition by Rolta in a span of six months and will bring to Rolta a strong portfolio of products and customers; improved access to complementary markets and industry service lines; and strengthen its global delivery model; while continuing to leverage its existing core competencies in the GeoSpatial and Engineering domains.

TUSC is headquartered in Chicago, with excellence centers and offices across the US that are staffed by over 160 consultants. Established in 1988, TUSC has served over 2000 customers in diverse sectors like Utilities, Energy, Engineering, Manufacturing, Finance, Insurance, Retail, Government, Healthcare, Services, Transportation, and Technology. Over 50% of revenues are generated from repeat business. TUSC is a profitable Company and its 2007 revenues were in excess of US$48 million, with a CAGR of more than 30% over the past 4 years. The Company has been listed twice on the ‘Inc. 500 Fastest Growing Private Companies’ list in the US.

TUSC holds a global reputation as a source of unsurpassed expertise in high-end consulting for large-scale ERP applications, Fusion Middleware, Business Intelligence and core Database Technology. TUSC is one of only a handful of companies worldwide that have the highest level of Partner certification for both ERP and Oracle Technology. TUSC currently has five “Oracle Master” level consultants on its staff, giving the company an unmatched reputation globally for outstanding expertise in Oracle technologies. Over the years, TUSC has published many books that most consider standard reference material for any Oracle specialist. This track record enabled TUSC to win Oracle’s most prestigious award - the TITAN award, for the third time, as an Oracle Partner in 2007.

TUSC has also developed and owns a broad range of intellectual property. For example, one of its software products – ‘Periscope’ is an advanced Data Mining and Virtualization tool that helps customers access their enterprise data from disparate data base platforms, drastically reducing the cost of integrating and administrating multiple data sources residing on different systems. Their ‘Knowledge Framework’ is industry leading and has won various Best Practices awards. Their ‘real-time database monitoring and pro-active alert’ software suite is in use by many Fortune 500 Companies, across 1000+ databases.

The three founders of TUSC, Rich Niemiec, Joe Trezzo and Brad Brown, will continue to lead the company. Their leadership of various Oracle User Groups and participation in Oracle Technology advisory councils evidences their standing in the industry, duly recognized by awards, like the Ernst & Young ‘Entrepreneur of the Year’ award. With each having over 20 years of experience, this management team brings a wealth of experience to Rolta. As a wholly owned subsidiary of Rolta, TUSC will continue to lead its operations from headquarters in Chicago, USA.

TUSC’s offerings are focused towards mission-critical applications, providing significant opportunities in the Rolta customer base, especially in the Engineering and Utilities sectors because of a workflow that requires the integration of Design, Engineering, Mapping and ERP. The continued development of Fusion Applications by Oracle presents another significant opportunity for this business. While today TUSC operates completely on a US based delivery model, by leveraging Rolta’s offshore infrastructure and domain expertise, the Company expects TUSC’s businesses to achieve better margins, higher scalability, and provide greater value to customers worldwide.

Mr. K. K. Singh, Chairman and CEO of the Rolta group, said, “We are extremely pleased with the acquisition of TUSC who shares our passion for excellence. This brings into the Rolta fold, a company that has strategic maturity, exceptional technology, commendable work ethic, established branding and a strong portfolio of high-end consulting services. We will now be able to provide Enterprise level solutions to our customers worldwide, thereby increasing the value for our stakeholders”.

About Rolta: Rolta is an Indian multinational organization that has executed projects in over 35 countries. Rolta is a leading provider and developer of Information Technology based GeoSpatial Information Systems (GIS), Engineering Design Services, Software Development, Advanced Security, Network Management, ERP Consulting and Deployment services worldwide. Rolta, through its joint venture Stone & Webster Rolta Ltd., provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta's joint venture with Thales, France, leverages a broad spectrum of cutting-edge technologies, systems and solutions from Thales, and Rolta's leadership position in the Indian market. This JV takes advantage of the technology transfer from Thales for developing state-of-the-art C4ISTAR information systems, for domestic and international markets. Rolta has acquired Orion technology Inc. a Canadian software and integration company specializing in enterprise Web GIS Solution. Rolta, headquartered in Mumbai, employs 4000+ professionals with countrywide infrastructure and international subsidiaries across the globe and is today a strong player in the Infrastructure, Defence, Homeland Security and Enterprise Information & Communication Technology (ICT) markets. Forbes ranked Rolta as one of "Asia's Best 200 Under a Billion" for the fourth time in the last six years. The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.

For more information, visit TUSC's website

Rolta - Consolidated Net Profit Grows 35.6 %

July 23, 2007: Mumbai: Rolta India Limited, one of India's leading IT companies, specializing in GeoSpatial Information Systems (GIS), Engineering Design Services (EDS) and eSolutions (eS), today announced audited financial results for the year ended June 30, 2007.

Financial Highlights

* Consolidated Income at Rs. 721.66 Cr. (US$ 177.1M) against Rs. 543.39 Cr. (US$ 118.1M) in FY06, registering a YoY growth of 32.8%.

* Consolidated PAT at Rs. 172.64 Cr. (US$ 42.3M) against Rs. 127.32 Cr. (US$ 27.7M) in FY06 registering a YoY growth of 35.6%

* Q4 Income at Rs. 207.47 Cr. (US$ 50.9M) as against Rs. 186.49 Cr. (US$ 42.7M) in Q3, registering a sequential growth of 11.2%

* Q4 PAT at Rs. 48.85 Cr.(US$ 11.9M) as against Rs. 45.54 Cr. (US$ 10.5M) in Q3, registering a sequential growth of 7.3%

* Consolidated PAT Margins improved to 24.3% in the current year, as compared to 23.8% in FY 06

* Consolidated Cash and Cash equivalents as on June 30, 2007 over Rs. 700 Cr. (approximately US$175M)

* The Board has recommended a higher dividend of Rs. 5/share (US$ 0.13) for FY07, against Rs.4/share (US$ 0.09) in FY 06

* Consolidated Net Worth at Rs. 1046. 60 Cr (approximately US$ 260M). as on June 30, 2007, against Rs. 941.43 Cr. (US$ 215M) on June 30,2006

* Successfully raised US$ 150 Million with zero coupon FCCBs at a conversion price of Rs. 737.40/share (US$ 18.50)

* Complying with international best practices- published IFRS financials are audited by Grant Thornton

Commenting on the results, Mr. K.K. Singh, Chairman and Managing Director of Rolta India Limited said: "As a global service provider of choice, we continue to experience very healthy growth in our business in all segments. We are very encouraged by the rapid increase in demand for our solutions and services in domestic and international markets. This has given us the confidence to enter Rolta's 25th year with the goal of significantly accelerating our growth not only organically, but also through inorganic means."

CORPORATE HIGHLIGHTS

In continuation with its expansion plan, Rolta has augmented its facilities for additional capacity of 2,000 technical professionals. The Company is in the process of setting up an IT park in Kolkata with an investment of about Rs. 250 Crores (approximately US$ 62.5M).

During the year, the Company added over 1,000 technical professionals in various disciplines and now has a strength of over 4,000. The attrition rate during the year was maintained within the single digit range with innovative HR policies and employee motivation measures adopted by the Company.

The Company has initiated Oracle ERP implementation for all its business processes within the enterprise, including subsidiary companies.

Rolta is the 21st company in the world to be certified with "ISO/IEC 20000-1:2005 ITSM" standard. The company has also been assessed at SEI CMMi level 5.

The Company was awarded "GeoSpatial Leadership in India" Award by Map World Forum. Forbes ranked Rolta in "Asia's Best 200 Under a Billion" companies for the fourth time in the last six years.

OPERATIONAL HIGHLIGHTS

* GeoSpatial Information Systems (GIS)

Rolta continues to retain its leadership position in GeoSpatial/GIS markets. The Company has acquired Orion Technology Inc., a Canadian software and integration company specializing in enterprise web-GIS solutions. The acquisition provides an opportunity for the company to expand its presence in web based, platform-neutral GeoSpatial solutions market to address customers globally. This strategically important acquisition enables Rolta to own exceptional technologies for taking its GIS offerings to the next level.

Rolta's Joint Venture with Thales, France, has been established and relevant French and Indian Government approvals have been received. Owned 51% by Rolta and 49% by Thales, the JV provides state-of-the-art C4ISTAR information systems for Defence, Aerospace and Security markets worldwide. The core team has commenced training and market development activities and has also initiated the process of transfer of technology from Thales.

Rolta has joined Open Geospatial Consortium (OGC®) as a Principal Member, enabling it to take a leadership role in promoting benefits of interoperable Geoprocessing to users across the globe. Rolta has won large projects for database creation and mapping for network management from large telecommunication and integrated electric companies worldwide.

Engineering Design Services (EDS)

The Company has strengthened its leadership position in India and has won several large contracts from both owner-operators and EPC companies in India and overseas in the refinery, petrochemical and power sectors. The Company has moved up higher in the value chain and is a preferred provider of high-end technology services to many international companies worldwide.

Stone & Webster Rolta Limited (SWRL) has executed several large projects for petrochemical companies and large refineries apart from providing engineering design services for global projects of Stone & Webster. The JV is very strongly placed to capture the huge opportunities from the emerging nuclear power sector.

The Company has achieved significant progress in Ship Design Services and has executed large projects for leading shipyards in India and Europe. The Company sees a significant potential for off-shore ship design services in the coming years.

* eSolutions (eS)

The Company has maintained its growth momentum in the eSolutions business group executing several large projects for CA's customers across Europe, North America, Middle East and South Africa. The Company's new initiative in the Interactive Game Development Services segment has made its mark in the Europe and US markets. This new initiative by Rolta is poised to grow in the coming years.

Rolta Announces Acquisition of Orion Technology Inc.

July 6, 2007: Mumbai: Rolta, a leader in providing knowledge-based comprehensive IT solutions and services in GeoSpatial/GeoEngineering, Engineering Design, and advanced Security and Network Management, to clients worldwide, today announced the signing of a purchase agreement to acquire Orion Technology Inc., a Canadian software and integration company specializing in enterprise web-GIS solutions.

This is a strategically important acquisition that enables Rolta to own exceptional technologies for taking its GIS offerings to the next level of sophistication. Orion employs innovative technologies that allow users to connect to and integrate complex geospatial and non-spatial data from disparate sources. Rolta therefore will provide a unique capability to its customers for turning their existing GIS investments into true enterprise solutions, in an extremely user-friendly and cost-efficient manner.

With Orion’s technology and expertise, Rolta is now distinctively positioned to provide spatial integration consulting, software, and implementation services for global customers who have a growing need for innovative, web-based, platform-neutral geospatial solutions to efficiently integrate their GIS resources to meet the information needs of their constituents. These solutions have been used by many organizations including economic development agencies to attract investments, government agencies to facilitate elections, utility companies to integrate their spatial data for management of assets and operations, municipalities around the world to manage land records, and many other organizations such as Railways and Transportation, Environment, Telecommunications, etc. to enhance their service delivery.

As a wholly owned subsidiary of Rolta, Orion will continue its operations under the same name from its headquarters in Canada, and will be managed and operated by the Management team that is currently in place.

Mr. Zul Jiwani, Founder and Chairman of Orion, stated, “We are excited about becoming a part of the Rolta group. This fulfils our aspiration to have a global reach for promoting widespread use of our products and services. The combined strength of our two organizations will also enable us to accelerate enhancement of our products and services”.

Mr. K. K. Singh, Chairman and CEO of the Rolta group, stated that, “With this acquisition, we have significantly expanded our capabilities to provide state-of-the-art products and services. We will now be able to provide unique solutions that offer high returns on customers’ investments in GIS. This intellectual property also gives us an exceptional platform to develop new solutions for a clientele well beyond the segments traditionally served by Rolta and Orion, such as for mobile applications”. Rolta expects to generate revenues of the order of $100 million in the next three to five years by integrating the technologies now acquired, with Rolta solutions.

About Orion:Orion Technology Inc., based in Richmond Hill, Ontario, Canada, is a product development and integration company, specializing in web-GIS. Orion's focus is on helping organizations incorporate spatial technology into all facets of their business. Orion’s wealth of knowledge in the GIS domain and top-notch software-development expertise is showcased by the award-winning flagship product OnPoint. OnPoint is enjoying growing support in the GIS community, both domestically and internationally, as a standard for providing geographic data through intuitive Internet and Intranet web-based user interfaces. OnPoint provides out-of-the-box implementation capabilities, advanced security, multiple language support, powerful administration tools for customizing and managing web portals, and unparalleled data and application integration features. OnPoint can connect to multiple spatial data sources including ESRI® ArcGIS® Server, ArcIMS®, ArcSDE™, OGC® (WMS & WFS), Microsoft® Virtual Earth™ and MapPoint®, Pictometry® and more. It also connects to non-spatial data in Oracle®, SQL Server™, and any other ODBC complaint database to allow user interaction. OnPoint implementation requires no programming because it is fully configurable through the powerful administration tool. Orion's easy-to-use web-GIS solutions have helped it achieve phenomenal success in securing and delivering projects for reputable clients worldwide - from small organizations to entire countries.

About Rolta: Rolta is an Indian multinational organization that has executed projects in over 35 countries. Rolta is a leading provider and developer of Information Technology based GeoSpatial Information Systems (GIS), Engineering Design Services, Software Development, advanced Security and Network Management, and ERP Consulting and Deployment services worldwide. Rolta, through its joint venture Stone & Webster Rolta Ltd., provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta's joint venture with Thales, France leverages a broad spectrum of cutting-edge technologies, systems and solutions from Thales, and Rolta's leadership position in the Indian market. This JV will take advantage of technology transfer from Thales for developing state-of-the-art Command, Control, Communications, Computers, Intelligence, Surveillance, Target Acquisition and Reconnaissance (C4ISTAR) information systems, for domestic and international markets. Rolta, headquartered in Mumbai, employs over 4000 professionals with countrywide infrastructure and international subsidiaries across the globe. Forbes ranked Rolta as one of “Asia’s best 200” under a billion for the fourth time in the last six years. The company is listed on the NSE and BSE in India, with its GDRs listed on the London Stock Exchange and its FCCBs are listed on Singapore Stock Exchange.

Rolta's Net Profit grows 37.9 % Y-o-Y & 11.2 % Q-o-Q

April 23, 2007: Financial Highlights

* Consolidated Revenue for the quarter was at Rs. 1855.9 M (USD 42.7 M) as against Rs. 1419.1 million (USD 31.8 M) in corresponding quarter of the previous year, a year-on-year (y-o-y) growth of 30.8 %.

* Consolidated Profit After Tax for the quarter ended March 31, 2007 has shown a robust year-on-year (y-o-y) growth of 37.9 % to Rs. 455.4 M (USD 10.5 M), as against Rs. 330.3 Million (USD 7.4 Million) in the corresponding quarter of the previous year.

* Consolidated Earnings Per Share for the quarter ended March 31, 2007 was Rs. 5.7 (USD 0.13) after considering the dilution of GDR issue, as against Rs. 5.2 (USD 0.12) in the corresponding quarter last year.

* Consolidated Revenue for the quarter ending March 31, 2007, registered a quarter-on-quarter (q-o-q) growth of 10.4 %, whilst the consolidated net profit for this period grew at 11.2 %, over that of the quarter ended December 31, 2006.

* Consolidated Net Profit margin improved to 24.5 % in the quarter as against 23.3 % in the corresponding quarter last year.

OPERATIONAL HIGHLIGHTS

GIS: During the quarter, we continued to move up the value chain by providing high-end consulting, web enabling of GIS data and system integration. Rolta has executed several projects in domestic and international markets for high-end GIS services on varied platforms by leveraging its expertise in multiple technologies and extensive domain knowledge. We have won large projects for network database creation and mapping for network management from large integrated electricity generation and distribution companies in Europe and from a large telecommunication company in the Middle East.

Rolta has been appointed a principal member of the OGC®, The Open Geospatial Consortium, US. This will enable the company in taking a leadership role in promoting the benefits of interoperable geoprocessing in the Indian and international market. Ben Eazzetta, President - International Operations will represent Rolta on the OGC Board.

The joint venture with Thales is progressing well and appropriate approvals have been received from the French and Indian Governments. The JV company is expected to be incorporated in this quarter.

EDA: The company has won several large projects from both owner-operators and EPC companies in India and overseas including a large order from an Indian owner-operator. The company is moving up the value chain and is a preferred provider of high-end technology services in 3D environment for one of the largest companies in North America. With multi disciplinary project experience and domain expertise in the refinery, petrochemical and power sectors, the company is uniquely positioned to address the emerging huge demand in India and overseas.

In the Ship Design Services, the company has expanded from domestic projects and has achieved significant progress in international markets. The company has won orders from two renowned international shipyards in Europe and is uniquely positioned to address the huge potential for offshoring ship design services in coming years.

The joint venture company Stone & Webster Rolta Limited (SWRL) is executing several large projects from petrochemical companies and large refineries apart from providing engineering design services for global projects of Stone & Webster.

eServices: Our eSolutions business group has maintained the growth momentum and continues to execute several large projects for CA's large customers.

The company's new initiative, Gaming Services, has made a breakthrough in providing game development services in Europe & US and received a maiden order from a game company in Europe. These services include in-game character animation, modeling and texturing of characters & objects for various game projects.

Rolta has geared up to capture huge growth opportunities by putting in place a stronger leadership team and adding top-class talent across the organization with increased focus on delivery, production and support to its customers worldwide. All the SBGs and international operations have been re-grouped and strengthened to ensure delivery of better results. In addition the complete Oracle ERP suite is being implemented across Rolta to strengthen processes and to ensure optimal integration of resources.

During the quarter more than 200 technical professionals have been inducted in various disciplines raising the total employee strength of the company and its JVs to 3800+.

Rolta has benchmarked its quality processes against the world's best quality standards. The company has been certified with the prestigious BS ISO 27001-2005 certification, the ultimate benchmark for information security, by BSI with "ISO/IEC 20000-1-2005 IT Service Management Standard" and Rolta's software development business group has been certified at the highest level of CMMI Level 5.

Rolta Takes Principal Membership in the OGC

April 11, 2007: The Open Geospatial Consortium (OGC®) (http://www.opengeospatial.org) announced that Rolta India Ltd. has joined the OGC as a Principal Member.

Principal Members have authority over the development, release and adoption of OpenGIS® Specifications through their voting rights in the OGC Planning Committee (PC). PC Members also evaluate and provide guidance on market direction and Consortium focus, have approval authority for OGC policies and procedures, and vote to elect members of the OGC Board of Directors.

"Rolta is a global company which employs an innovative geospatial business model that fully exploits the internet and OGC Web Service standards, said " David Schell, CEO & chairman of the OGC board of directors, "Beyond bringing invaluable technology requirements into OGC’s standards process, Rolta’s principal membership significantly enhances the relevance of OGC standards activity in global markets. In particular, we look forward to Rolta taking a leadership role in promoting the benefits of interoperable geoprocessing in the Indian market.”

Dr. R. Siva Kumar, Head of the Natural Resources Data Management Systems (NRDMS) and National Spatial Data Infrastructure (NSDI) Divisions of the Indian government Department of Science & Technology, and a member of the OGC board, said,, "Rolta is a company that advances India’s tradition of excellence in geospatial technologies, technologies that play a key role today in our country’s rapid build out of new physical infrastructure. Rolta also shows that companies in the developing world who offer sophisticated technology services, including geospatial services, can do remarkably well in markets in developed nations.”

Ben Eazzetta, President of International Operations for Rolta, said, “Standards, and the OGC, are important vehicles for globalization. Most of our customers and partners around the world have oriented their IT operations toward open standards, and one reason is that standards enable them to do business with companies like ours that know how to leverage standards to open their geospatial data to the enterprise level and provide extraordinary value.” Mr. Eazzetta is a current board member of the consortium.

Rolta Announces New President of International Operations

March 6, 2007: Rolta India Limited , a multinational organization that has executed projects in over 35 countries, today announced the appointment of Ben Eazzetta as President of International Operations. Based in Atlanta, he will head Rolta’s subsidiaries in the US, Europe and the Middle East.

“Ben is an outstanding and valuable addition to the Rolta team” said Kamal K. Singh, Chairman and Managing Director of Rolta India Limited – the parent company of Rolta International. “With twenty years of significant experience, he brings to the Company a wealth of knowledge, a strong drive to grow our international operations and a deep understanding of all our lines of business – Geospatial Information Systems, Engineering Design Services, and eSolutions.” Ben will be replacing A.P. Singh, who will be relocating to India as Joint Managing Director and will be responsible for delivery, production and support for Geospatial, Engineering and eSolutions services, worldwide. Both gentlemen will join the Board of Directors, working full time for Rolta.

Prior to joining Rolta, Ben was President of Intergraph’s SG&I division in Huntsville, AL. He was responsible for all aspects of global sales, marketing, delivery and business development. His career with Intergraph spanned over six years and included several positions including Chief Operating Officer of the Process, Power and Marine Division and President of the Public Safety Division.

Ben was also a Vice President, and Co-founder of Industria.com. He and the other Industria founders were successful in raising capital and Ben lead the product management and pre-sales teams. Prior to Industria, Ben worked at Exxon Company, USA for more than twelve years beginning his career as a Mechanical Engineer at the Baytown refinery in Texas and was promoted to Operations and Maintenance Department Head responsible for safety, operations, training and contract administration.

Mr. Eazzetta graduated from the Georgia Institute of Technology with a Bachelor of Science degree in Nuclear Engineering and Master’s degree in Mechanical Engineering.

Rolta's Net Profit Grows 9.7 %

January 24, 2007: Rolta India Limited, one of India's leading IT companies, specializing in GeoSpatial Information Systems (GIS), Engineering Design Automation (EDA) and eSolutions (eS), today announced unaudited financial results for the second quarter ended December 31, 2006.

FINANCIAL HIGHLIGHTS
· Consolidated Revenue for the quarter was at Rs. 1681.03 Million (USD 37.97 Million) as against Rs. 1312.06 million (USD 29.03 Million) in corresponding quarter of the previous year, a year-on-year (y-o-y) growth of 28.1 %.
· Consolidated Profit After Tax for the quarter ended December 31, 2006 has shown a robust year-on-year (y-o-y) growth of 30.5 % to Rs. 409.39 Million (USD 9.25 Million), as against Rs. 313.68 Million (USD 6.94 Million) in the corresponding quarter of the previous year.
· Consolidated Earnings Per Share for the quarter ended December 31, 2006 was Rs. 5.12 (USD 0.12) after considering the dilution of GDR issue, as against Rs. 4.92 (USD 0.11) in the corresponding quarter last year.
· Consolidated Revenue for the quarter ending December 31, 2006, registered a quarter-on-quarter (q-o-q) growth of 8.7 %, whilst the consolidated net profit for this period grew at 9.7 %, over that of the quarter ended September 30, 2006.
· Consolidated revenue of CAD/CAM/GIS segment was Rs. 1474.51 (USD 33.31 mn) as against Rs. 1183.27 mn (USD 26.18 mn) representing a y-o-y growth of 24.6 % and sequential growth of 8.2 %.
· Consolidated revenue of eBusiness Solutions segment was Rs. 206.52 (USD 4.66 mn) as against Rs. 128.79 mn (USD 2.85 mn) representing a y-o-y growth of 60.3 % and sequential growth of 12.2 %.
· Consolidated Net Profit margin improved to 24.4 % in the quarter as against 23.9 % in the corresponding quarter last year.
· Consolidated Revenue for the half year was at Rs. 3227.26 Million (USD 72.90 Million) as against Rs. 2485.06 million (USD 54.98 Million) in corresponding period of the previous year, a y-o-y growth of 29.9 % and Consolidated Profit After Tax for the half year has shown a robust y-o-y growth of 32.7 % to Rs. 782.58 Million (USD 17.68 Million), as against Rs. 589.55 Million (USD 13.04 Million) in the corresponding period of the previous year.

OPERATIONAL HIGHLIGHTS

· GeoSpatial Information Systems (GIS)
During the quarter, the company has bagged major orders for GeoSpatial/GIS based asset management in the infrastructure domain from Airports and Seaports in India. Internationally, the company has won large projects involving corridor mapping for municipalities and railroads, asset mapping for telecom and electric companies and high end Photogrammetry /LIDAR including 3D city mapping in the Middle East, Europe and USA. With successful execution of several complex web-enabled geo-spatial data projects in domestic and international market and with expertise in multiple technologies and extensive domain knowledge, the company is uniquely positioned to address the potentially huge demand for geo-spatial projects especially on account of demand emerging from the infrastructural development in India. Rolta has received "GeoSpatial Leadership in India" award at the recently held Map World forum at Hyderabad. The joint venture with Thales is progressing well and the JV company is expected to be operational in the current quarter.

· Engineering Design Automation (EDA)
The company has further strengthened its leadership position by securing and executing projects from petrochemical companies and large refineries in India and overseas and several large projects for plant Information management for customers in US, Europe and Middle East. The strong demand in the process and power sectors has been a major growth driver. The company has also made foray into the nuclear power sector by executing engineering design services projects in India. With years of multi disciplinary project experience and domain expertise in the Refinery, Petrochemical and power sectors, the company is uniquely positioned to capitalize the outsourcing demand for high-end engineering design services from large organisations both in India and from across the globe. In the Ship Design Services, the company is executing orders from two leading shipyards in India and discussions are in progress with other shipyards for providing ship design services globally. The joint venture company Stone & Webster Rolta Limited (SWRL), has been growing rapidly and has executed several large projects from petrochemical companies and large refineries during this quarter. In addition the JV is providing engineering design services for global projects of Stone & Webster. In the quarter, SWRL has declared dividend of 180 % to both the joint venture partners.

· eSolutions (eS)
The company's eSolutions business group continued to achieve significant growth. In addition to providing implementation and customization services in CA's eTrust and Unicenter domains, the company has also started providing similar services to CA customers in R 11 of Unicenter and clarity domain. As a part of new initiatives the company is in advanced stage of discussions with other top IT services companies for providing similar services in diverse domains across the globe. During the quarter more than 300 technical professionals have been inducted in various disciplines raising the total employee strength to 3400+. Rolta continues to benchmark its quality processes against the world's best quality standards. Rolta has been awarded the prestigious BS ISO 27001-2005 certification, the ultimate benchmark for information security. Rolta is certified by BSI with "ISO/IEC 20000-1-2005 IT Service Management Standard". Rolta's software development business group has been certified at the highest level of CMMI Level 5.

Rolta Announces Joint Venture with Thales

August 17, 2006: Rolta is pleased to announce its Joint Venture with Thales, France. This JV will leverage the broad spectrum of cutting-edge technologies, systems and solutions from Thales, and Rolta's leadership position in the Indian market. To be owned 51% by Rolta and 49% by Thales, the JV will take advantage of technology transfer from Thales for developing state-of-the-art Command, Control, Communications, Computers, Intelligence, Surveillance, Target Acquisition and Reconnaissance (C4ISTAR) information systems, for domestic and international markets. Rolta and Thales have entered into an agreement today, and the JV will be incorporated on receipt of necessary approvals.

Mr. Bruno Rambaud, Directeur Général (Senior Vice President), Thales Land & Joint Systems Division, stated, "Increasing Thales footprint internationally depends on the success of strategic business alliances like the one we have formed with Rolta. The creation of this joint venture will be a significant milestone in our development within the Indian Defence and Homeland security markets. This win-win partnership will also leverage the resources and expertise of both companies to serve the global operations of Thales."

Mr. K.K. Singh, Chairman and Managing Director, Rolta India Ltd., commented, “We are extremely pleased to be partnering with Thales to form this Joint Venture. This is a major event in the history of our company and will play an important role in our growth. Guided by a set of common values, this JV will share best practices through transfer of technology and bring in state-of-the-art products into our country, enabling us to serve the nation better and address emerging opportunities worldwide”.

About Thales
Thales is a leading international electronics and systems group, established in France more than a century ago, serving Defence, Aerospace and Security markets worldwide. The group's civil and military businesses develop in parallel to serve a single objective - the security of people, property and nations. With six divisions serving clearly defined markets, Thales is organised to remain close to its customers, sharing technologies and best practises across businesses and countries to combine world-class performance with unbeatable value for money. The six divisions draw on a common platform of technologies to deliver real-time information management and distribution solutions and complex system architectures to their customers. Leveraging a global network of high-level researchers it offers an unmatched capability to develop and deploy critical information systems worldwide. Thales employs 60,000 people in 50 countries and generated revenues of over US $13 billion in 2005, with a record order book of over US $25 billion.

About Rolta
Rolta is an Indian multinational organization that has executed projects in over 35 countries. Rolta is a leading provider and developer of information technology based GeoSpatial Information Systems (GIS), Engineering Design Automation Solutions and eSecurity services worldwide. Rolta, through its joint venture Stone & Webster Rolta Ltd., provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta, headquartered in Mumbai, employs over 3000 professionals with countrywide infrastructure and international subsidiaries across the globe. Forbes Global ranked Rolta for three years in a row, amongst the world's 200 Best Companies (sales up to US $ 1 Billion). The company is listed on the NSE and BSE in India, with its GDRs listed on the London Stock Exchange.

Rolta Delivers 41.1% Increase in Consolidated Net Profit

August 8, 2006:Rolta India Limited, one of India's leading IT companies, specializing in Geospatial Information Systems (GIS), Engineering Design Automation (EDA) and eSolutions (eS), today announced audited financial results for the year ended June 30, 2006.

FINANCIAL HIGHLIGHTS

· Consolidated Revenue for the year at Rs. 5433.87 Million (USD 118.13 Million) as against Rs. 4256.87 Million (USD 92.54 Million) in the previous year, registering a year-on-year growth of 27.6%.

· Consolidated Profit After Tax for the year ended June 30, 2006 has shown a robust growth of 41.1% to Rs. 1273.17 Million (USD 27.68 Million), as against Rs. 902.16 Million (USD 19.61 Million) in the previous year.

· Consolidated Earnings Per Share (weighted average) for the financial year ended June 30, 2006 was Rs. 18.87 (USD 0.41), as against Rs 14.16 (USD 0.31) in the previous year.

· Consolidated Profit After Tax (PAT) margins improved to 23.8% in the current year, as compared to 21.8% in the previous year.

· Consolidated Revenue for the quarter ending June 30, 2006, registered a year-on-year growth of 20.8 %, whilst the consolidated net profit for this period grew at 43.7%, over that of the previous quarter ended June 30, 2005.

· Consolidated cash and cash equivalents as on 30th June 2006 exceeded Rs. 1800 Million (USD 39 Million).

· The company has repaid all its debts and has become Debt Free.

· The Board of Directors have recommended a higher dividend of Rs. 4.00 (USD 0.09) per share for the year ending June 30, 2006, as against Rs. 3.50/- (USD 0.08) per share in the previous year.

· Consolidated net worth of the Company stood at Rs. 9414.28 Million (USD 204.66 Million) as on June 30, 2006, as against Rs 4566.26 Million (USD 99.27 Million), as on June 30, 2005.

· Consolidated book value per share as on June 30, 2006 was Rs.117.80 (USD 2.56), as against Rs. 71.69 (USD 1.56) in the previous year.

· The company successfully raised $90 Million in April 2006 through its inaugural GDR listing on the main Board of London Stock Exchange.

Commenting on the results, Mr. K.K. Singh, Chairman and Managing Director of Rolta India Limited said: "We have continued to grow the business across all our segments, both in India and internationally. We are now firmly established as the global GIS service provider of choice and we continued to expand our EDA and eSolutions business, winning multi-million Dollar orders, both from domestic and international markets. Rolta's exclusive partnership with Intergraph, long-standing joint venture with the Shaw Group (Stone & Webster) and our partnership with CA (formerly Computer Associates) for eSolutions has contributed to the continued growth of our company's businesses. Our order book remains strong and we believe the Group is well positioned for further growth in the current financial year.

We are also pleased to announce the appointment of Ms. Pulusani and Mr. Patnaik as Independent Directors. They are professionals with proven merit and outstanding track record and will add further strategic dimension at the board level."

· GeoSpatial information systems (GIS)- Strengthening its dominant position in the domestic market the company has made significant progress by securing large orders for providing turnkey solutions to Telecom/Electric distribution companies, Public Safety and Homeland security agencies (Police), Urban Development and Town Planning departments. The company is uniquely positioned to address new opportunities from the emerging core infrastructure development projects in India. Internationally, reaffirming its standing as one of the leading providers of GIS and Photogrammetry services, the company has executed large projects for 3D city modeling using high end Photogrammetry technology and created digital networks for telecom, electric, gas and water companies, worldwide.

· Engineering Design Automation (EDA) - The company has enhanced its leadership position in India and secured large contracts for providing engineering design automation solutions and design services to major EPCs and Owner operators. Internationally, the company executed large contracts in plant Information management for customers in USA, Europe and the Middle East. The company has also ventured into providing specialized services in the area of ship design.
The joint venture company Stone & Webster Rolta Limited (SWRL), has achieved a very healthy growth during the year. Besides providing engineering design services for S&W projects globally, the JV has also executed engineering, design, procurement and construction management projects for large refineries and petrochemical companies in India. Stone & Webster being one of the leaders in Nuclear energy technology, the company through its JV is well placed to participate in this high -growth opportunity.

· eSolutions (eS)- During the year the company achieved exponential growth in the eSolutions business group, in partnership with CA for eSecurity and network management, for their global customers. The company also offers services in high-end gaming, serious animation, rapid application development, software testing and RFID solutions. Further strengthening the quality of its offerings, the company has added the BS ISO/IEC 27001 certification; only five Indian companies have received this accreditation so far. The company is currently certified at CMM level 5 and is at an advanced stage for CMMi certification.

In April 2006, the company made a successful debut on the London Stock Exchange as one of the very few Indian companies to list on the exchange's main market and this has helped it to widen its investor base and participate in International regulatory best practices e.g. the company will publish its financial as per International Financial Reporting Standards (IFRS), audited by Grant Thornton in its annual report.

During the year the company added over 800 professionals and now has a strength of almost 3,000 professionals. Continuing its expansion program, the company is at an advanced stage of setting up two new subsidiaries in the Middle East and one in Australia.

Georgia Power Community and Economic Development Launches EGIS with Orion Technology & Rolta International

August 2, 2006: Recipient of the 2001 IDRC Global Innovator Award for Economic Development, Georgia Power operates a full-service Community and Economic Development organization serving the entire state of Georgia. Their 77 year history of helping new and existing companies expand in Georgia is a result of experienced leadership, leading edge technology, targeted research and data management tools, and unique value added site selection services.

A visionary in their industry, this award winning Organization recently launched a single, state-of-the-art, comprehensive EGIS with its application development team consisting of Rolta International and Orion Technology Inc. Rolta International was contracted to implement the full-service web-GIS system using Orion Technology’s OnPoint web-GIS software. Sitting on top of ESRI’s ArcIMS, the OnPoint system serves multiple levels of users with one customizable user interface. Prospective businesses can access data relating to nearly 8,000 industrial sites, buildings and office properties, as well as demographics, employment, taxes, incentives, labor and wage data. The secure web based system also allows Project Managers to access internal data from anywhere with an Internet connection.

Rolta is known worldwide as a leading technology services provider for Utility and Government Organizations. Their extensive industry experience and range of skilled services coupled with OnPoint’s advanced functionality provided the right idiosyncratic mix that Georgia Power required to provide a system that would contribute to their long-term success while adapting to the rapidly changing economic development environment.

"This state of the art system will position Georgia Power to remain a global player in the Economic Development arena for many years to come." commented Don Richards, Georgia Resource Center Administrator for Georgia Power, Community and Economic Development Organization. "In the past we have faced significant technological challenges in assembling, maintaining and providing our data and related products in a timely and effective manner. With this new worldwide capability, we will be able to streamline our processes and focus our efforts in more innovative areas while still taking cost and delay out of our business."

About Orion Technology Inc. Orion Technology, based in Richmond Hill, Ontario, Canada, is a technology consulting and services integration company, specializing in web-GIS. Orion's focus is on helping organizations incorporate spatial technology into all facets of their businesses. Orion’s wealth of knowledge in the GIS domain and top-notch GIS software-development expertise has been showcased with its award-winning flagship product OnPoint. OnPoint is enjoying growing support in the GIS community, both domestically and internationally, as a standard for providing geographic data through intuitive Internet and Intranet web-based user interfaces. OnPoint provides out-of-the-box implementation capabilities, powerful administration tools for customizing and managing the web portal, and unparalleled data-integration features. Orion's easy-to-use Web-GIS products and custom application development services have helped Orion achieve phenomenal success in securing and delivering projects for reputable clients worldwide - from small organizations to entire countries.

About Rolta International Inc. Rolta is a leading provider of software/information technology based geospatial, engineering and IT solutions and services to customers across the world. Rolta's GIS and Photogrammetry clientele includes users in segments such as Defense, Environment, Electric, Telecom, Gas, Emergency Services, Municipalities and Airports, spread across 17 countries. Rolta is also a major Plant Design Automation and Information Management solutions and services provider. Rolta provides eSecurity implementation services, rapid application development and software testing services to its customers worldwide. The Company has established an infrastructure that is capable of meeting the most challenging demands of clients, and is equipped with sophisticated computing systems, cutting-edge software and dedicated high-speed networking and communication links connecting its offices worldwide. Rolta's quality standards are benchmarked to world-class levels, with certifications such as ISO 9001:2000, BS 7799, and SEI CMM Level 5. The British Standards Institution (BSI) has awarded Rolta the BS15000 certification for its entire range of IT Service Management Processes. This unique accreditation has been bestowed on less than 25 companies globally.

Rolta Q3 Consolidated Net Profit at Rs. 33.03 Crores (US$73.4M), up by 38.4%

April 24, 2006: Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive unaudited results for its third quarter ending March 31, 2006.

The total consolidated income of the company for the quarter stood at Rs. 142.82 Crores (US$ 31.7M) as against total consolidated income of Rs. 110.46 Crores (US$ 24.5M) during the corresponding quarter of the previous year, reflecting a year-on-year (y-o-y) growth of 29.3%. The consolidated Net Profit after tax for the quarter ended March 31, 2006 was Rs. 33.03 Crores (US$5.2M). This represents a growth of 38.4 % y-o-y over the consolidated net profit of Rs. 23.87 Crores (US$7.3M) in the corresponding quarter last year.

The total consolidated income registered a quarter-on-quarter (q-o-q) growth of 7.7%, whilst the consolidated net profit also represents a growth of 10.6 % over that of the previous quarter ended December 31, 2005.

The Company’s consolidated income for the nine-months period ended March 31,2006 registered growth of 30.5% and was at Rs. 393.47 Crores (US$87.4M) as against Rs. 301.59 Crores (US$ 67.0M) in the corresponding nine-months period last year. The consolidated net profit after tax for the nine-months period ended March 31, 2006 was higher at Rs 91.99 Crores (US$20.4M) as against Rs. 65.63 Crores (US$ 14.4M) in the previous year reflecting a growth of 40.2%.

Rolta Successfully Lists its GDR on Main Board of the London Stock Exchange

April 19, 2006: Rolta India Limited (the "Company") raised US$ 103.50 million, through the issue of 18,482,143 Global Depository Receipts ("GDRs"), including a green shoe option of US$ 13.50 million to be exercised within 30 days by the Joint Lead Managers. Each GDR was priced at US$5.60, equivalent to Rs.250 per equity share. This was based on the Bombay Stock Exchange average closing price of Rs.250.89 for the four weeks ending on the pricing date. The issue was priced on April 7, 2006 and closed on April 18, 2006. Lehman Brothers International (Europe) acted as Global Coordinator and Sole Bookrunner on this transaction. Lehman Brothers International (Europe) and Cantor Fitzgerald Europe acted as Joint Lead Managers.

The GDRs were admitted to listing on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's regulated market for listed securities on April 18, 2006. With this listing on the main board of London Stock Exchange, the company will comply with the European Union directives and disclosure norms such as giving Financial Statements under International Financial Reporting Standards (IFRS) and others showing its commitment to corporate governance internationally.

After this GDR issue the FII holding in the company is about 31%, Domestic Mutual funds /FIs / Banks / Corporate Body holding is about 10%, Public holding is about 21% and Promoters holding is about 38%. The major foreign institutional investors after this issue include Fidelity, GMO, DWS investment (Deutsche Bank Group), Credit Agricole, General Electric Investment Corporation, Invesco, Cominvest (Commerz Bank Group), GLG Asset Management, Polygon Investments, Old Lane and others.

The proceeds from this GDR will be used for expansion of facilities within India and Internationally especially in the Asia Pacific region and for other strategic corporate requirements. The company intends to double its employee strength to 5,000 in the next 24 to 30 months.

The company through its joint venture Stone & Webster Rolta Limited is well poised to undertake in India, large nuclear power plant projects from concept to completion and has already taken steps in this direction.

Commenting today, Mr. Kamal K. Singh, Chairman and Managing Director of the Company said, "We are delighted with the success of our inaugural GDR offering. This is the first Indian GDR to be listed on the main board of the London Stock Exchange after implementation of new EU norms with effect from 1st July 2005. The deal generated substantial demand from top tier investors in Europe, Asia and the US. We believe that the proceeds raised from this offering will allow Rolta to further develop its strength in key markets, both in India and internationally, and continue the success it has achieved thus far".

Company Background : Rolta India Limited is an Indian company operating in India and overseas. Rolta provides software/information technology based engineering and geospatial solutions and services to customers across the world and has executed projects in more than 35 countries. Rolta is headquartered in Mumbai and operates through a network of twelve regional/branch offices in India and seven subsidiaries located in USA, Canada, UK, The Netherlands, Germany, Saudi Arabia and UAE. It is listed on the Bombay Stock Exchange and National Stock Exchange in India and its GDRs are listed on London Stoke Exchange UK.

Rolta is India's leading provider of GIS/GeoEngineering solutions and services and one of the major AM/FM/GIS Photogrammetry service providers in the world for segments such as Defence, Environment, Electric, Telecom, Gas, Emergency Services, Municipalities and Airports. The Company's customer base for GIS projects is spread across 17 countries with multi million dollar projects executed in various parts of the world.

Rolta is also the leading provider of Plant Design Automation solutions and services in India and one of the major Plant Information Management services providers worldwide. The Company's customer base for such business is spread across 22 countries with over 500 projects executed in various parts of the world. To move up the value chain in the engineering domain, the Company has established a joint venture with Stone & Webster Inc., USA, namely Stone & Webster Rolta Limited ('SWRL'). SWRL has access to Stone & Webster's proprietary technology. This joint venture provides high quality engineering services worldwide through Stone & Webster and undertakes selective refinery, petrochemicals and power projects in India.

Rolta enjoys strong business partnerships with international technology leaders like Intergraph, Z/I Imaging, PTC, CA, IBM, Microsoft, Oracle and others to help the Company move up the value chain. Rolta globally has more than 2,500 employees. Nearly 75 per cent of the Company's workforce has engineering qualifications, including significant numbers with master's degrees or doctorates and Rolta ensures constant ongoing training to its professionals. The annual IDC-DQ Best Employers Survey has consistently ranked the Company as one of the top employers in the IT industry in India. The Company has established world-class infrastructure of around 500,000 sq. ft. that is equipped with sophisticated computing systems, cutting-edge software and dedicated high-speed networking and communication links connecting its offices worldwide.

Rolta's quality standards are benchmarked to world-class levels, with top quality certifications such as ISO 9001:2000, BS 7799, and SEI CMM Level 5. The British Standards Institution (BSI) has awarded Rolta the BS15000 certification for its entire range of IT Service Management Processes. This unique accreditation has been bestowed on handful of companies globally.

Rolta and Orion Technology Form Parternship

February 7, 2006: RICHMOND HILL, ONTARIO, CANADA and ALPHARETTA, GEORGIA, USA - Rolta International, Inc., ranked one of the top GIS Services Companies in the world, and Orion Technology Inc., a leading provider of web-GIS software and integration services, today announced a partnership agreement. Under the terms of the partnership, Rolta International, Inc. will provide implementation services for Orion Technology’s OnPoint™ Suite of web-GIS products to Utility and Government organizations. Rolta has been serving users of GIS and digital mapping technologies in these sectors for more than a decade.

“We are excited to announce this partnership with Rolta. They have a wealth of experience that we look forward to optimizing and we are confident that this relationship will see a number of opportunities for our companies to benefit" commented Faizal Hasham, Director of Sales and Marketing for Orion Technology.

Orion’s flagship product OnPoint™ allows users to publish their GIS data securely and quickly over the web. OnPoint™’s “no programming” solution provides enhanced web-GIS capability, reporting, querying and generating URL functions. It also allows users to connect to external databases throughout their organization, turning their web-GIS into a true enterprise solution. The OnPoint™ suite of products also offers a number of extensions to expand the software’s capabilities, such as InstaMAP™ which offers cartographic quality map production over the web and OnSite™, a comprehensive Economic Development tool. The OnPoint™ web-Editor extension has also gained acceptance throughout the Utilities and Government Industries for use in field work allowing authorized users to enter and update data from anywhere they have access to an internet connection.

With broad experience, Rolta provides skilled services to any organization that needs digital mapping and GIS solutions. Their industry experience provides support to telecom companies; electric, gas and water utilities; and local and central government agencies worldwide. Rolta provides services for projects of all sizes, crossing the spectrum from data conversion to full integration and customization of mapping and GIS systems – onsite or offsite. By judiciously combining resources from a multinational infrastructure, Rolta is able to reduce costs and provide clients with optimal results. Rolta’s ability to bring innovative technologies to client projects by leveraging existing applications and methods allows them to deliver the highest quality projects.

A.P. Singh, president of Rolta International, Inc. commented “I am confident that by combining our experience, technologies and expertise, we will be able to offer our customers highly cost efficient solutions to enable them to optimize the return on their investments in geospatial technologies”.

The two companies are currently working together on a large utility project in the Southeast and are exploring a number of additional opportunities in the target markets.

About Orion Technology Inc.
Orion Technology, based in Richmond Hill, Ontario, Canada, is a technology consulting and services integration company, specializing in web-GIS. Orion's focus is on helping organizations incorporate spatial technology into all facets of their businesses. Orion’s wealth of knowledge in the GIS domain and top-notch GIS software-development expertise has been showcased with its award-winning flagship product OnPoint™. OnPoint™ is enjoying growing support in the GIS community, both domestically and internationally, as a standard for providing geographic data through intuitive Internet and Intranet web-based user interfaces. OnPoint™ provides out-of-the-box implementation capabilities, powerful administration tools for customizing and managing the web portal, and unparalleled data-integration features. Orion's easy-to-use Web-GIS products and custom application development services have helped Orion achieve phenomenal success in securing and delivering projects for reputable clients worldwide - from small organizations to entire countries.

About Rolta International Inc.
Rolta is a leading provider of software/information technology based geospatial, engineering and IT solutions and services to customers across the world. Rolta’s GIS and Photogrammetry clientele includes users in segments such as Defense, Environment, Electric, Telecom, Gas, Emergency Services, Municipalities and Airports, spread across 17 countries. Rolta is also a major Plant Design Automation and Information Management solutions and services provider. Rolta provides eSecurity implementation services, rapid application development and software testing services to its customers worldwide. The Company has established an infrastructure that is capable of meeting the most challenging demands of clients, and is equipped with sophisticated computing systems, cutting-edge software and dedicated high-speed networking and communication links connecting its offices worldwide. Rolta’s quality standards are benchmarked to world-class levels, with certifications such as ISO 9001:2000, BS 7799, and SEI CMM Level 5. The British Standards Institution (BSI) has awarded Rolta the BS15000 certification for its entire range of IT Service Management Processes. This unique accreditation has been bestowed on less than 25 companies globally.

Rolta Q2 Net Profit up 34.6%

January 24, 2006: Mumbai, India - Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its second quarter ending December 31, 2005. The total sales of the company for the quarter were Rs. 109.76 Crores (US$ 24.3M) against total sales of Rs. 80.05 Crores (US$ 17.7M) during the corresponding quarter of the previous year, reflecting a growth of 37.1%. The Net Profit after tax for the quarter ended December 31, 2005 was Rs. 35.28 Crores (US$ 7.8M). This represents a growth of 34.6 %over the net profit of Rs 26.21 Crores (US$ 5.8M) in the corresponding quarter last year. The net profit of the company has registered a growth of 11.4 % on a sequential basis over the net profit of Rs 31.68 Crores (US$ 7.0M) for the Quarter ended September 30.2005. The Basic Earning Per share for the quarter ended December 31, 2005 were Rs. 5.5 as against Rs 4.1 in the corresponding period in previous year, signifying a growth of 34.6 %.

The total sales for the half-year ended December 31, 2005 was Rs 200.26 Crores (US$44.4M), an increase of 29.1% over the comparable income of Rs 155.08 Crores (US$34.4M) for the corresponding period in the previous year. The Net Profit after tax for the half year ending December 31, 2005 was Rs 66.95 Crores (US$ 14.8M) as against Rs 51.33 Crores (US$ 11.3M) in the corresponding period last year, reflecting a healthy growth of 30.4 %.

The Company’s consolidated sales for the half year ended December 31,2005 also registered growth of 35.1% and was at Rs. 248.51 Crores (US$ 55.1M) as against Rs. 184.00 Crores (US$40.8M) in the corresponding period last year. The consolidated net profit after tax for the half year ended December 31,2005 was also higher at Rs. 58.96 Crores (US$ 13M) as against Rs. 41.76 Crores(US$ 9.2M) in the previous year reflecting a growth of 41.2 %.

Rolta India Limited is an Indian company operating in India and overseas. It is listed on the Bombay Stock Exchange and National Stock Exchange in India. Rolta provides software/information technology based engineering and Geo Spatial solutions and services to customers across the world and has executed projects in more than 35 countries. Rolta is headquartered at Mumbai and operates through a network of twelve regional/branch offices in India and seven subsidiaries located in USA, Canada, UK, The Netherlands, Germany, Saudi Arabia and UAE.

Rolta is India’s leading provider of GIS/GeoEngineering solutions and services and one of the major AM/FM/GIS, Photogrammetry service providers in the world for segments such as Defense, Environment, Electric, Telecom, Gas, Emergency services, municipalities and Airports. The company’s customer base for GIS projects is spread over 17 countries with multi million dollar projects executed in various parts of the world.

Rolta is also the leading provider of Plant Design Automation solutions and services in India and one of the major Plant Information Management services providers worldwide. The Company’s customer base for such business is spread over 22 countries with over 500 projects executed in various parts of the world. To move up the value chain in the engineering domain, the Company has established a joint venture with Stone & Webster Inc., USA, namely Stone & Webster Rolta Limited (‘SWRL’). SWRL has access to Stone & Webster’s proprietary technology. This joint venture provides high quality engineering, services worldwide through Stone & Webster and undertakes selective refinery, petrochemicals and power projects in India.

The Company provides eSecurity implementation services, rapid application development and software testing services to its customers worldwide. In on-going partnership with CA (Computer Associates) the Company has executed over 350 projects globally in 18 countries. Rolta enjoys strong business partnerships with international technology leaders like Intergraph, Z/I Imaging, PTC, Computer Associates, IBM, Microsoft, Oracle and others to help the Company move up the value chain. Rolta globally has around 2,500 employees. Nearly 75 per cent of the Company’s workforce has engineering qualifications, including significant numbers with masters degrees or doctorates and Rolta ensures constant ongoing training to its professionals. The annual IDC-DQ Best Employers Survey has consistently ranked the Company as one of the top employers in the IT industry in India. The Company has established world-class infrastructure, of around 500,000 sq. ft. that is equipped with sophisticated computing systems, cutting-edge software and dedicated high-speed networking and communication links connecting its offices worldwide. Rolta’s quality standards are benchmarked to world-class levels, with top quality certifications such as ISO 9001:2000, BS 7799, and SEI CMM Level 5. The British Standard Institution (BSI) has awarded Rolta the BS15000 certification for it’s entire range of IT Service Management Processes. This unique accreditation has been bestowed on less than 25 companies globally.

Rolta Recognized as Service Partner of the Year by CA

November 22, 2005: Rolta International, Inc. is pleased to announce the receipt of the Service Partner of the Year, North America award from CA. “We were delighted to accept this honor which illustrates the expertise that our organization provides to CA and their clients on every Rolta project,” said Dave Sligting, executive vice president of Rolta.

The ceremony took place at the Partner Symposium during CA World conference in Las Vegas, NV. CA and Rolta recently announced an expanded agreement to provide expert implementation, customization and integration services to CA customers across North America. The agreement extends a highly successful four-year partnership under which Rolta has provided services in support of more than 125 CA customers using eTrust, Unicenter, BrightStor and custom integration solutions.

"Rolta has consistently proven itself to be a premier CA services partner with the ability to reliably deliver value to our customers all over the world,” said Peter Earlam, senior vice president of CA Technology Services. “We congratulate them on this well-deserved award."

About Rolta
Rolta is an Indian multinational organization well equipped to provide knowledge-based software and IT-enabled services to customers across the world. The company is India’s #1 CAD/CAM/GIS solution provider and is considered amongst the top Geospatial information technology service vendors worldwide. Rolta offers end-to-end solutions and services for Geo-engineering, Plant Design Automation, Mechanical Design Automation and Product Lifecycle Management. Other offerings include value added solutions and services for Enterprise Application Integration (EAI) including integrated and web-enabled Engineering and Business applications, Smart Cards, eSecurity and Data-Warehousing/Mining. Rolta’s quality standards are benchmarked to world-class levels, with top quality certifications such as BS 7799, ISO 9001:2000, BS 15000 and CMM Level 5. Rolta has also been placed in the First 250 list of the Deloitte Touche Tohmatsu Asia-Pacific Technology Fast 500 program.

CA And Rolta International, Inc. To Provide Expert Services To Customers Across North America

November 3, 2005: Computer Associates International. Inc. (NYSE: CA) and Rolta International, Inc. today announced an expanded and definitive agreement to provide expert implementation, customization and integration services to CA customers across North America. The agreement to use Rolta's onshore and offshore resources will supplement services provided by CA Technology Services' internal staff across the full spectrum of CA's data security, network and systems management and service management solutions.

The agreement extends a highly successful four-year services partnership between Rolta and CA. Rolta has provided significant services in support of more than 125 CA customers using eTrust, Unicenter, BrightStor and custom integration solutions.

“Rolta has been instrumental in the implementation of CA's Unicenter ServicePlus Service Desk at Raymond James,” said D. Anne Soldwedel, PMP, project manager at Raymond James Financial, Inc. “The CA/Rolta alliance has provided our organization with a complete and dependable help desk solution which enables us to continue offering premium service to our customers.”

CA Technology Services leverages the global expertise of Rolta's certified IT professionals in service management, operations management, security management, storage management and life cycle management to help customers achieve more efficient IT performance and better manage the enterprise.

“As more customers implement more of CA's management solutions, it is important to accelerate their time to value without sacrificing quality,” said Una O'Neill, senior vice president and general manager of CA Technology Services. “This agreement will help us to better scale to this growing market need.”

“By combining our experience, technologies and expertise, we will be able to offer CA and its customers highly cost efficient solutions to maximize their return on investments,” said A.P. Singh, president of Rolta International, Inc. “This agreement is a natural progression of a well proven partnership, pursuing a common goal of sustained customer value.”

About Rolta
An Indian multinational organization well equipped to provide knowledge-based software and IT-enabled services to customers across the world. The company is India's #1 CAD/CAM/GIS solution provider and is considered amongst the top Geospatial information technology service vendors worldwide. Rolta offers end-to-end solutions and services for Geo-engineering, Plant Design Automation, Mechanical Design Automation and Product Lifecycle Management. Other offerings include value added solutions and services for Enterprise Application Integration (EAI) including integrated and web-enabled Engineering and Business applications, Smart Cards, eSecurity and Data-Warehousing/Mining. Rolta's quality standards are benchmarked to world-class levels, with top quality certifications such as BS 7799, ISO 9001:2000, BS 15000 and CMM Level 5. Rolta has also been placed in the First 250 list of the Deloitte Touche Tohmatsu Asia-Pacific Technology Fast 500 program.

About CA
Computer Associates International, Inc. (NYSE:CA), one of the world's largest management software companies, delivers software and services across operations, security, storage, life cycle and service management to optimize the performance, reliability and efficiency of enterprise IT environments. Founded in 1976, CA is headquartered in Islandia, N.Y., and operates in more than 100 countries. For more information, please visit http://ca.com.

Rolta 2004-05 Net Profit at Rs. 103.35 crores (US$ 23,780,488); higher by 28.4%

August 15, 2005:Rolta India Limited, India’s foremost CAD/CAM/GIS solutions and services provider, announced Audited Financial Results for the year ended June 30, 2005. The total revenue of the Company for the year was Rs. 356.31 crores (US$ 95,200,000) as against total revenue of Rs. 301.05 crores (US$ 78,270,594) in the previous year representing a growth of 18.4%.

The Profit After Tax for the year ended June 30, 2005 also registered healthy growth of 28.4%and was Rs.103.35 crores (US$ 23,780,488) as against Rs. 80.50 crores (US$ 18,522,780) in the last accounting year 2003-04. Rolta’s Earning Per Share and Cash Earning Per Share for the financial year ended June 30, 2005 were Rs. 16.2 and Rs. 23.3 respectively.

The Company’s consolidated revenue also registered growth and was at Rs. 425.69 crores (US$ 87,200,000) for the year ended June 30, 2005 as against Rs. 360.04 crores (US$ 82,843,994) in the previous year, signifying a growth of 18.2%. The consolidated net profit after tax for the year ended June 30, 2005 was also higher at Rs. 90.22 crores (US$ 20,759,319) as against Rs. 63.84 crores (US$ 14,689,370) in the previous Accounting Year reflecting a growth of 41.3%.

During the quarter ended June 30, 2005 the Company recorded total revenue of Rs.103.21 crores (US$ 23,748,274) against the total revenue of Rs. 92.63 crores (US$ 21,313,852) in the corresponding quarter last year signifying a growth of 11.4%. The Net Profit of the Company for quarter ended June 30, 2005 was higher at Rs. 24.75 crores (US$ 5,694,892) as against a Net Profit of Rs. 16.82 crores (US$ 3,870,225) in the corresponding quarter last year representing a growth of 47.2%.

The Board of Directors have recommended a higher dividend of Rs. 3.50 per share for the year ending June 30, 2005 as against Rs. 3/- per share in the previous year, thereby signifying an increase of around 17 %. The net worth of the Company stood at Rs. 527.15 crores (US$ 121,295,444) reflecting the intrinsic strength of the Company. The book value per share is Rs. 82.77 signifying consistent enhancement in shareholders value.

Corporate Highlights for the year:

Rolta retains its position as India's #1 provider of solutions and services for CAD/CAM/GIS. It is also recognised as one of the world leaders in providing Geospatial Information Technology and Digital mapping services. The company continues to be a leading provider of Plant Design Automation solutions in India and preferred partner of international giants like The Dow Chemicals, USA for providing Plant Engineering services globally. Rolta has executed during the year various domestic and international CAD/CAM/GIS projects of value exceeding Rs. 375 crores (US$ 86,286,240). These projects include mission critical high-end comprehensive requirements of customers in diverse segments, like Utilities, Communications, Town Planning, Public Safety, Photogrammetry, Digital Imagery, Plant Design and Mechanical Design Automation. Over 165 customers have been served during the year.

Rolta has excelled in providing high-quality Internet Services and cutting-edge Business solutions like Software Development, Testing, Customization, Implementation, Migration, Network and IT resource management for customers worldwide. Rolta specializes in Enterprise Application Integration and integrated web enabled engineering. As a leading partner of Computer Associates, USA, Rolta has executed over 70 eSecurity implementation and software development projects worldwide during the current year. The company’s quality standards are benchmarked to world-class levels, with top quality certifications such as ISO 9001:2000, BS 7799, and SEI CMM Level 5. The British Standard Institution (BSI) has awarded Rolta the BS15000 certification for it’s entire range of IT Service Management Processes. This unique accreditation has been bestowed on less than 25 companies worldwide.

Stone & Webster Rolta Limited, the JV Company in partnership with Stone & Webster, Inc, USA is now fully operational and provides high quality Engineering Services worldwide while also undertaking turnkey projects in India for refinery, petrochemicals and power. This JV has executed a number of complex detail engineering projects in countries like China, Saudi Arabia, USA and Canada apart from providing state-of-the-art engineering services, in highly specialized field of Ethylene Cracking Furnace and Fluidized Catalytic Cracking for large Indian owner operators like Essar Oil-Jamnagar, Reliance / IPCL Gandhar & Patalganga projects during this first year of operations.

During the current year, the Company has commissioned engineering service and software development centers at Rolta Technology Park, Mumbai. These state-of-the-art facilities with cutting edge engineering computer systems and IT infrastructure -- worth over Rs 250 Crores (US$ 57,524,160) funded entirely from internal accruals and spread over 2,50,000 sq.ft, will enable the company to accelerate its growth and seamlessly provide quality Engineering and IT solutions and services to its customers worldwide. The Company has continued with its scalable recruitment and human resources management process and has inducted over 700 engineers in various disciplines during the year.

Rolta Q3 2005 Profit up 28.8%

April 29, 2005: Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its third quarter ending March 31, 2005. The net sales of the company for the quarter were Rs. 88.83 Crores (US$ 20,439,485) as against net sales of Rs. 72.16 Crores (US$ 16,603,774) during the corresponding quarter of the previous year, reflecting a growth of 23.1%. The Net Profit after tax for the quarter ended March 31, 2005 was Rs. 27.28 Crores (US$ 6,277,036) against a Net Profit of Rs. 21.19 Crores (US$ 4,875,748) during the same quarter of the previous year, representing a growth of 28.8 %. The Diluted Earning Per Share and Cash Earnings Per Share for the quarter ended March 31, 2005 were Rs. 4.3 (US$ 989,416) and Rs. 6.2 (US$ 1,426,599) against Rs 3.3 (US$ 759,319) and Rs 5.5 ( 1,265,532) respectively in the previous year.

The net sales for the Nine Months period ended March 31, 2005 was Rs 243.92 Crores (US$ 56,125,173) an increase of 24.6 % over the comparable net sales of Rs 195.79 Crores (US$ 45,050,621) for the corresponding period in the previous year. The Net Profit after tax for the Nine Months period ended March 31, 2005 was Rs 78.61Crores (US$ 18,087,897) as against Rs 63.69 Crores (US$ 14,654,855) in the corresponding period last year, reflecting a healthy growth of 23.4%.

Rolta recently bagged significant domestic and overseas GIS Projects exceeding Rs 200 Crores (US$ 46,019,328). At various stages of execution, these orders are for high-end and comprehensive GIS & Imaging software applications/development/customization; wide-ranging services including Intelligent GIS database creation & updation for planning using Digital Photogrammetry, and special purpose ruggedised Imagery systems. The company’s IT and Software practices /operations have also been recommended to British Standards Institution for BS 15000 certification, the ultimate benchmark for IT services- only 18 companies worldwide have received this accreditation till date.

Rolta International Hires National Delivery Manager for eServices Practice

March 10, 2005: Rolta International, Inc., a leading service provider of IT services to organizations in various industries providing quality customization, design, implementation, and integration services, today announced the addition of James R. Owen as Delivery Manager for eServices. He will participate in the pre-sales effort and take ownership of the successful execution of all projects nationwide.

“Jamie is an outstanding and valuable addition to the Rolta team” said David Sligting, Executive Vice President. “With more than 20 years experience at CA, Jamie brings extensive experience and knowledge of the infrastructure that will allow Rolta’s team to better serve Computer Associates and its clients”.

His career with CA has given Jamie expertise in management and team building, customer relations, business development, technical consulting and operations. Now that Jamie has joined the Rolta team, his accomplishments within the CA organization positions Rolta even more as a leader in providing quality training, planning and execution of CA projects.

During his career, Jamie was awarded both the Southeast Regional and National Consultant of the Year. While getting his associates degree from North Florida Junior College, he was elected mayor of Greenville, FL at the age of 19 – the youngest mayor in the US at the time. He graduated with honors from Florida State University with a Bachelor's degree in Communications and Business.

Rolta Awarded Moon Mapping

March 4, 2005: Rolta International, Inc. has been awarded a project to create detailed topographic maps of the surface of moon. The data is provided to Rolta in a digital image format and Rolta is generating accurate 3 dimensional vector contours and spot elevations for use in terrain modeling. Over 200 map sheets of the lunar surface are being converted at a scale of 1:10,000 and 1: 20,000. The data is being delivered in ESRI geodatabase format.

Rolta’s client is a major technology company in Japan that has been continuously using Rolta’s Photogrammetry services for several years. The work is being done in Rolta’s state-of-the-art Photogrammetry production center in Mumbai, India.

ABB and ESRI Deliver New GIS/Distribution Management System for San Antonio, TX Utility

March 2, 2005: ABB, the leading power and automation technology company, and ESRI, the world leader in geographic information system (GIS) software, announced today that the two companies have been selected to implement a new outage management system (OMS) and GIS for City Public Service (CPS), a San Antonio, Texas, municipally owned natural gas and electric utility.

ABB, the prime contractor, and ESRI are joined on the project by Miner & Miner (design software) and Rolta International (data conversion services). The project will replace CPS’ legacy systems with state-of-the-art tools that are also integrated with customer service and crew management processes.

“The outage management capabilities along with available distribution management applications and a tight integration with GIS contributed to our decision to go with ABB and ESRI,” says Fred James, vice president of operations at CPS. “We believe the open, standards-based GIS technology will give us a platform to build from. Also, the commitment from ABB’s management team was very important, in particular ABB’s and ESRI’s ability to integrate the new capabilities with our existing systems including SAP.”

The OMS, part of ABB’s Network Manager DMS package, will allow CPS to spatially locate outages and outage sources and identify trends and patterns of outages in real time. Operators can then dispatch a single crew to deal with a specific problem rather than sending multiple crews to a general area to locate and fix a given fault.

“That should mean shorter outages, fewer hours spent in the field, and more power restoring efficiency,” notes CPS’ James. “Customer service representatives will also have access to more information, allowing them to provide more specific and timely information to customers.” ESRI’s ArcGIS 9 suite of software will serve as the enterprise GIS platform. Software includes ArcInfo, ArcEditor, ArcView, ArcIMS, ArcSDE, and ArcPad. ArcInfo and ArcEditor will be used for data creation, editing, and maintenance. ArcView will provide desktop analysis and viewing capabilities. ArcIMS will be used for Internet and Intranet GIS capabilities. ArcPad will be used for mobile field applications, and ArcSDE will integrate GIS within the company’s relational database management system. In addition, ESRI Professional Services is working with ABB to seamlessly integrate the GIS with SAP enterprise resource planning software and on the implementation of a mobile GIS solution using ArcPad.

The system can be used for the full range of energy needs including facilities and field management, distribution, engineering, operations, map book generation, and more. This will optimize operational efficiency, improve decision support and collaboration, and make data dissemination faster and easier for CPS.

The new integrated GIS, OMS, and SAP system will also replace previously separate design and work management software and will allow CPS planners to design gas and electric facilities using one system. This will facilitate CPS’ business processes and result in many benefits. For instance, it will also allow CPS users to test how proposed additions to the electric and gas networks work with existing infrastructure. Moreover, the implementation will allow planners and operators to see how far a particular design has progressed (e.g., which sections are energized, which have been built but are not live, and which are still under construction).

The project is slated to put the initial stages of the GIS and OMS systems online early in 2006. Full system implementation is expected early in 2007. “We’re very excited to be working with ESRI on this project,” says Karl Elfstadius, Group vice president and head of ABB’s Network Management business unit. “This marks the beginning of what we anticipate will be a highly productive partnership.”

Rolta Q2 Net Profit at $6,037,779- up 30.4%

January 31, 2005: Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its second quarter ending December 31, 2004. The total revenue of the company for the quarter were Rs. 86.36 Crores (US$19,894,034) as against total revenue of Rs. 62.06 Crores (US$ 14,296,245) during the corresponding quarter of the previous year, reflecting a growth of 39.2%. The Net Profit after tax for the quarter ended December 31, 2004 was Rs. 26.21 Crores (US$ 6,037,779) against a Net Profit of Rs. 20.11 Crores (US$ 4,632,573) during the same quarter of the previous year, representing a growth of 30.4 %. The Diluted Earning Per Share and Cash Earnings Per Share for the quarter ended December 31, 2004 were Rs. 4.12 (US$ 949,090) and Rs. 6.5(US$1,501,958) as against Rs 3.16 (US$ 727,943) and Rs 4.99 (US$ 1,149,505) in the previous year, signifying a growth of 30.4 % and 30.7 % respectively.

The total income for the half-year ended December 31, 2004 was Rs 161.92 Crores (US$ 37,300,161), an increase of 27.2% over the comparable income of Rs 127.28 Crores (US$ 29,320,433) for the corresponding period in the previous year. The Net Profit after tax for the half year ending December 31, 2004 was Rs 51.33 Crores (US$ 11,824,464) as against Rs 42.50 Crores (US$9,790,371) in the corresponding period last year, reflecting a healthy growth of 20.8 %.

Rolta has continued to expand its capacity and capabilities to handle not only existing projects, but also build expertise and skills in anticipation of foreseeable business. The company has continued with its scalable recruitment and human resources management process and has inducted over 400 engineers in various disciplines during the last quarter. In line with the it’s philosophy of acquiring top-level expertise & certifications thereof, in addition to its current world-class accreditations, Rolta has also been accredited with the BS 7799 certification, while BS 15000 and CMMI are in process.

Rolta Q1 Net Profit at $5,537,252- up 12.2%

October 29, 2004: Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its first quarter ending September 30, 2004. The total sales of the company for the quarter were Rs. 75.04 Crores (US$16,541,217) as against total sales of Rs. 62.18 Crores (US$ 13,706,462) during the corresponding quarter of the previous year, reflecting a growth of 20.7%. The Net Profit after tax for the quarter ended September 30, 2004 was Rs 25.12 Crores (US$ 5,537,252) against a Net Profit of Rs. 22.39 Crores (US$ 4,935,472) during the same quarter of the previous year, representing a growth of 12.2%. The Diluted Earning Per Share and Cash Earnings Per Share for the quarter ended September 30, 2004 were Rs. 3.9 and Rs. 6.4 respectively.

Rolta has been recently named in the Deloitte Technology Fast 500 Asia Pacific ranking. The Deloitte Technology Fast 500 recognizes the 500 fastest-growing technology companies in Asia Pacific, Europe, Middle East and Africa, and the Americas, based on percentage revenue growth. The Deloitte Technology Fast Asia Pacific 500 program recognizes technology companies that have achieved the fastest rates of annual revenue growth in Asia Pacific during the past three years. By virtue of this listing, Rolta’s capabilities and achievements as a leading IT services and solutions provider have been reaffirmed – the company continues to be a part of an elite regional and global group of technology companies acknowledged for their excellence and growth.

Rolta is also among the handful of companies worldwide, assessed at Maturity Level 5 of Capability Maturity Model, as per guidelines laid down by Software Engineering Institute, Carnegie Mellon University, USA (SEI CMM Level 5). This certification by KPMG covers Software Development and Testing. With this, Rolta has achieved another milestone in increasing its commitment to quality deliverables. This accreditation further strengthens the Company’s ability to provide high-end software development and testing services, to global markets.

Rolta India Limited Assessed SEI CMM Level 5

October 16, 2004: The Software Development division of Rolta India Limited has been assessed at SEI CMM Level 5 for Software development and testing by KPMG. With this Rolta has achieved yet another milestone in its vision towards providing total commitment to the needs of its customers. This Division addresses the Application Solutions and Advance Technologies Solutions related to Geo Engineering/GIS, Engineering Design Automation, eSolutions and Smart Card Systems.

CMM is a framework that describes the key elements of an effective software process and covers practices for planning, engineering, and managing software development and maintenance. As the framework assesses an organization's ability to develop customized solutions, the CMM Level 5 assessment establishes Rolta's expert capabilities in designing end-to-end, process-driven business solutions for its clients. It also ensures predictable delivery, defect free software to customers. This assessment will provide customers the assurance of delivery of superior value and quality in IT solutions and services from Rolta India Limited.

Shri Aditya Singh, Joint MD of Rolta stated, “The SEI - CMM level 5 assessment is an endorsement of best practices and processes in software engineering and attests Rolta’s inherent strengths and commitment to excellence. This puts us in a position of strength to offer software solutions and services globally to international standards.”

Rolta 2003-04 Net Profit at $20,911,410: Proposes 30% Dividend

August 30, 2004: Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive Audited Results for the year-ended June 30, 2004. The total income for the year was Rs. 301.05 Crores (US$ 65,538,585) as against a total income of Rs. 383.57 Crores (US$ 83,503,189) for the 18-months period ended June 30, 2003 representing an annualized growth of 17.7%. The Net Profit after depreciation and before provision for taxation for the year ended June 30, 2004 was Rs. 91.13 Crores (US$ 23,672,755) recording an annualized growth of 10.7% over the last accounting period 2002-03. The Profit after tax was Rs. 80.50 crores (US$ 20,911,410) and the diluted Earning Per Share and Cash Earnings Per Share for the financial year ended June 30, 2004 were Rs. 12.6 (US$ 2,743,020) and Rs. 21.5 (US$ 4,680,550) respectively.

During the quarter ended June 30, 2004 the Company recorded total revenue of Rs. 92.63 Crores (US$ 24,062,409) against the total revenue of Rs. 69.10 Crores (US$ 15,043,070) in the corresponding quarter last year signifying a growth of 34.0%. The Net Profit of the Company for quarter ended June 30, 2004 was significantly higher at Rs.16.82 Crores (US$ 4,369,316) as against a Net Profit of Rs. 4.46 Crores (US$ 970,942) in the corresponding quarter last year representing a growth of 277.4 %.

The Board of Directors has recommended a dividend of Rs.3/- per share for the year ending June 30 2004 as against Rs. 3/- per share for the 18-months in the previous period, thereby signifying an annualized growth of 50%. Another significant milestone is that the net worth of the Company crossed the Rs. 500 Crore (US$ 108,601,000) mark, reflecting the intrinsic strength of the Company. The book value per share has also gone up from Rs. 70.91 (US$ 15,437,107) to Rs. 80.16 (US$ 17,410,947) signifying consistent enhancement in shareholders value.

The Board of Directors appointed Mr. Beharilal, an ex-member of Income Tax Tribunal and leading Income Tax Advocate as an independent Director in place of Mr. H P Ranina, whose resignation as a Director of the Company has been accepted by the Board. The Board also appointed Mr. V K Agarwala, an experienced corporate professional as an Independent Director to broad base the Board.

The Board of Directors also appointed Mr. Aditya K Singh as Joint Managing Director of the Company for a period of 5 years w.e.f. September 1, 2004. Mr. Aditya K Singh with his wide experience in the fields of sales, marketing and Internet technologies shall bring increased dynamism to the Company. The Board also appointed Mr. K R Vaidyanathan as a whole time Director of the Company designated as Director Sales and Marketing. He has over 32 years of experience in Sales and Marketing, Software Development and Customer Support and has been with Rolta for over 15 years.

Stone & Webster, Inc. and Rolta India Limited Establish Joint Venture Company

May 18, 2004: The Shaw Group Inc. (NYSE: SGR) and Rolta India Limited (Rolta), Mumbai, India today announced that Shaw’s affiliate, Stone & Webster Inc., ("Stone & Webster”), and Rolta have set up a Joint Venture Company in India – Stone & Webster Rolta Limited in India. Owned 50% by each partner, the joint venture company will provide high quality engineering, design services and take up selective turnkey, process refinery, petrochemicals and power projects in India. This joint venture has already started operations at a dedicated center in the Rolta Technology Park with 43 professionals in Mumbai.

The powerful combination of these two companies will bring in world class technology and high end engineering capabilities into India, and contribute to the economic growth of the nation by earning and saving significant foreign exchange. Besides this the JV is intended to leverage Indian infrastructure, facilities, and capabilities of Rolta and Stone & Webster’s extensive experience and expertise for executing complex global EPC projects.

Mr. K.K. Singh, Chairman and Managing Director, Rolta India Ltd., commented, “This joint venture will bring in 115 years of technological experience and engineering skills for process & power industries from Stone & Webster, for the Indian market. This joint venture is a natural progression of our engineering business and will play a vital role in the growth of our company in this area and will enable us to increase market penetration, resulting in significant benefits to both companies”.

“Enhancing Stone & Webster’s competitive position in the international marketplace depends on the success of strategic business alliances like the one we have formed with Rolta. This joint venture is a significant milestone for our integrated power and process EPC business unit. It leverages the resources and expertise of both partners to augment Stone & Webster’s engineering capabilities and thereby deliver enhanced value to our customers”, stated Mr. E. Fatemizadeh, President of Engineering, Procurement and Construction, Stone & Webster, Inc.

Rolta India Limited Rolta is an Indian multinational organization, providing knowledge-based, comprehensive IT solutions and services in Engineering Design, Geoengineering/GIS, and eSolutions, to global markets. Established in 1982, Rolta is India's #1 CAD/CAM/GIS solution provider and amongst the top Geoengineering/GIS service providers worldwide. Rolta has subsidiaries in the USA, Canada, UK, Europe, Middle East, Asia Pacific and 15 offices across the country employing over 3000 people. Rolta has been consistently ranked for the last three years by Forbes Global, amongst the 200 Best Companies in the World (having sales up to US $ 1 Billion) - only eighteen companies worldwide have scored this hat trick. For further information, please visit the Company’s website at www.rolta.com.

Stone & Webster Stone & Webster, Inc., a subsidiary of The Shaw Group Inc., one of the world's foremost engineering-construction companies. Founded in Boston in 1889, Stone and Webster has evolved into a global organization and has been responsible for the development, consulting, engineering and construction of nuclear, fossil-fueled, geothermal and hydroelectric power generation projects. Stone & Webster has a portfolio of power projects spanning over 50 countries, six continents and 115 years. The company is a recognized leader in refining, petrochemical and polymer technology and has supplied the process technology for over 35% of the world's Ethylene capacity constructed since 1995.

The Shaw Group Inc. The Shaw Group Inc. is a leading provider of consulting, engineering, construction, remediation and facilities management services to government and private sector clients in the environmental, infrastructure and emergency response markets. Shaw is also a vertically integrated provider of comprehensive engineering, consulting, procurement, pipe fabrication, construction and maintenance services to the power and process industries worldwide. A Fortune 500 company, with $3.3 billion in revenues in 2003, The Shaw Group also debuted on the magazine’s “America’s Most Admired Companies” list in 2004. Shaw is headquartered in Baton Rouge, Louisiana, USA and employs approximately 17,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit the Company’s website at www.shawgrp.com.

Rolta Hires Senior Project Manager for GIS Division

May 3, 2004: Dave Ridderikhoff has joined the Geospatial Information Technology division of IT global leader, Rolta International, Inc., as a Senior Project Manager. His addition addresses the growing demand for the company’s GIS services in the utilities and government sectors. Dave’s initial role at Rolta includes managing a data conversion project for a leading provider of telecommunication services.

Dave brings over 20 years of expertise to Rolta in providing GIS services primarily to utilities throughout the world in data conversion management, quality control development, implementation, project management, and training. “We’ve had substantial growth in our project workload the past three months”, said Jim Cooper, Vice President of Operations. “We needed an individual who could come in and begin working immediately. Dave’s exceptional capabilities and knowledge of GIS services provided Rolta that luxury.”

Most recently, Dave was a Senior Consultant to PlanGraphics, Inc. utilizing his experience on multiple GIS technologies for various projects. His leadership at IPID Services, Inc. resulted in being awarded projects worldwide providing consulting, implementation, and training services to utility and public sector clients. Dave also spent eleven years at Baymont learning GIS services and was selected to operate and train Baymont’s GIS data conversion staff in Singapore and Malaysia. His experience brings a wealth of operational capabilities to make Rolta successful on all implementations.

Company Background: Rolta is a leading technology services provider serving North America, Asia/Pacific, Europe and the Middle East since1982. Our specialty is providing knowledge-based IT solutions and services in geospatial information technology, discrete and process manufacturing, e-Business and software development. Offering an expansive, global infrastructure, we provide access to more than 3,000 seasoned engineers and technical professionals who have executed a large number of mission-critical projects worldwide. Rolta’s resources and skills cover the full spectrum of consulting needs, from data conversion to design optimization, engineering analysis and prototyping – even turnkey e-Business systems. For more information on Rolta, visit our website at www.rolta.com.

Rolta Announces Immpressive Q3 Results, 57% Jump in Revenue and 37% Jump in Net Profit

April 30,2004: Rolta India Limited, India’s leading CAD/CAM/GIS solutions and services provider, announced impressive unaudited results for the quarter ended March 31, 2004. The total income for the quarter was Rs. 81.14 Crores (US$18,256,500) reflecting a growth of 56.6 % over comparable income of Rs. 51.82 Crores (US$11,659,500) for the corresponding quarter in the previous year. The net profit after depreciation and tax for this quarter was Rs. 21.19 Crores (US$4,767,750) against a net profit of Rs. 15.48 Crores (US$3,483,000) during the same quarter of the previous year, representing a growth of 36.9%. The earning per share (EPS) for the quarter was Rs. 3.3 (US$752,500) as compared to Rs. 2.4(US$540,000) for the corresponding period last year.

The total income for the nine-month period ended March 31, 2004 was Rs. 208.42 Crores (US$46,894,500), an increase of 27.3% over the comparable income of Rs. 163.79 Crores (US$36,852,750) for the corresponding nine-month period of the previous year. The Net Profit after tax for the period of nine months ended March 31, 2004 was Rs. 63.69 Crores (US$14,330,250) against Rs. 51.51 Crores (US$11,589,750) for the corresponding period last year, reflecting a growth of 23.6%.

Company Background: Rolta is an Indian multinational organization well equipped to provide knowledge-based Mapping, Engineering, Software & IT-enabled services to customers across the world. By judiciously combining resources from worldwide facilities, Rolta is able to meet customer needs cost-effectively. Since 1982, Rolta has been a pioneer in computer graphics, mapping and engineering software. The company has consistently been ranked as India’s #1 CAD/CAM/GIS solution provider and is considered amongst the top Geo-Engineering software conversion service vendors worldwide. Rolta offers end-to-end solutions and services for Geo-engineering, Plant Engineering/Automation, Mechanical Design Automation and Product Lifecycle Management. The company also offers value added solutions and services for Enterprise Application Integration that includes integrating & web-enabling Engineering & Business applications, Smart Cards, eSecurity & Data-Warehousing/Mining. Forbes Global has ranked Rolta, for the 3rd year in a row, amongst the 200 Best Companies in the World (having sales up to US $ 1 Billion) – only eighteen companies worldwide have scored this hat trick.

Rolta announces 29 % jump in Net Profit, Declares Impressive Q2 results

January 31,2004: Rolta India Limited, India’s premier CAD/CAM/GIS solutions and services provider, announced impressive unaudited results for the quarter ended December 31, 2003. The total income for the quarter was Rs. 62.06 Crores (US$ 13,702,786) reflecting a growth of 20.1 % over comparable income of Rs.51.69 Crores(US$ 11,413,100) for the corresponding quarter in the previous year. The net profit after depreciation and tax for this quarter was Rs. 20.11 Crores (US$ 4,440,268) against a net profit of Rs. 15.61 Crores (US$ 3,446,672) during the same quarter of the previous year, representing a growth of 28.8 %. The earning per share (EPS) for the quarter was Rs. 3.2 (US$ 706,557) as compared to Rs. 2.5 (US$ 551,998) for the corresponding period last year. The improved profitability of the Company is mainly due to the all-round reduction in various costs and increased revenue.

The total income for the half-year ended December 31, 2003 was Rs. 127.28 Crores (US$ 28,103,297) an increase of 13.7 % over the comparable income of Rs. 111.97 Crores (US$ 24,772,864) for the corresponding half-year in the previous year. The Net Profit after tax for the half-year ended December 31, 2003 was Rs. 42.50 Crores (US$ 9,383,958) against Rs. 36.03Crores (US$ 7,955,388) in the corresponding period last year reflecting a growth of 18.0 %.

Rolta’s order book position continues to be encouraging with major orders received from domestic customers and overseas clientele for high-end GeoSpatial, Plant Design and eBusiness solutions. The Company expects to complete the execution of large portion of these orders within the span of the next six months.

In line with Rolta’s philosophy to include high caliber professionals with leadership quality and strategic insight and also with a view to broad base the Board, the Company has inducted Mr. A T Pannir Selvam former Chairman & Managing Director of Union Bank of India as an independent Director. Mr Pannir Selvam has a vast experience of over 35 years in Banking, Finance and Corporate Management. The Company has also inducted Mr. Aditya K Singh, as Director. Mr. Aditya K Singh with his wide experience in the fields of Sales, Marketing and Administration shall bring increased dynamism to the Board.

In a recent survey of Indian IT’s Best Employers 2003, undertaken by Dataquest-IDC, Rolta has been ranked No. 6 overall, for its healthy employee satisfaction levels. Continuing its strong HR practices, the Company has also recently allotted 911,500 options to 354 Roltaites in the managerial cadre including those of the Company’s overseas subsidiaries under the Company’s Employees’ Stock Option Plan (ESOP).

Company Background: Rolta is an Indian multinational organization well equipped to provide knowledge-based software & IT-enabled services to customers across the world. By judiciously combining resources from worldwide facilities, Rolta is able to meet customer needs cost- effectively. Since 1982, Rolta has been a pioneer in computer graphics, mapping and engineering software. The company has consistently been ranked as India’s #1 CAD/CAM/GIS solution provider and is considered amongst the top Geo-Engineering software conversion service vendors worldwide. Rolta offers end-to-end solutions and services for Geo-engineering, Plant Design Automation, Mechanical Design Automation and Product Lifecycle Management. The company also offers value added solutions and services for Enterprise Application Integration (EAI) that includes integrating & web-enabling Engineering & Business applications, Smart Cards, eSecurity and Data-Warehousing/Mining. Forbes Global has ranked Rolta for the second year in a row, amongst the 200 Best Companies in the World (sales up to US$ 1 Billion).