HYDERABAD, India, July 17th 2009: Mahindra Satyam, the new brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a global consulting and IT services provider, announced today that the Company Law Board has given permission to the central government to withdraw FOUR of the SIX directors appointed by it to the Board of Directors of Satyam Computer Services Limited. Following the order, the government this evening chose to retain Mr. Achutan and Mr.  T. N. Manoharan on the board of the company.

After receiving permission on January 9, 2009 from the Company Law Board, the central government had appointed the following six eminent directors to the board of the company under the chairmanship of Mr. Kiran Karnik on January 11, 2009 and January 15, 2009: Mr. Kiran Karnik, Mr. Deepak Parekh, Mr. C. Achutan, Mr. Tarun Das, Mr. T. N. Manoharan and Mr. Suryakant Balkrishna Mainak.

When issuing today’s order, the Company Law Board extended its compliments and appreciation to all six board directors for providing vital leadership during a challenging period, enabling the rapid stabilization of the firm, and effecting a smooth transition of control of the company to the strategic investor.