MindTree Expands Middle East Operations

Opens new office in Dubai Airport Free Zone to strengthen its Middle East presence and serve its regional customers better

Dubai, United Arab Emirates, February 4, 2008: MindTree Consulting Ltd., a global IT and R&D Services Company, today announced its expansion plans in the Middle East region with the opening of its office in Dubai Airport Free Zone (DAFZA). The new office will help the company further strengthen its presence in the Middle East as well as serve its regional customers better by offering more local support.

“The Middle East is growing at a rapid pace with a high demand for IT services in the region. Dubai, being centrally located, acts as the gateway between the East and West and hence it is an ideal location for our new office,” said MindTree Consulting Regional Director and head of Middle East operations Arif Irfanullah. “MindTree has been highly successful in this region and we plan to continue to invest and expand to meet client demand. We already serve customers such as Emirates, Dubai World, Dubai Customs, and Qatar Petroleum, to name a few.”

“We have chosen Dubai Airport Free Zone as our base in the Middle East as it provides the best business-environment coupled with state-of-the art facilities, including the most advanced online services, which are crucial to our growth in the region,” added Mr Irfanullah.

“We are happy that MindTree Consulting has chosen Dubai Airport Free Zone for their Middle East office,” said Dr. Mohammed Al Zarouni, Director General, DAFZA. “We wholeheartedly welcome them and commit to lend them every possible support. Due to the quality of services provided by us and the ease of setting up businesses, DAFZA remains the top choice among the investors in
Dubai. We look forward to associating with partners like MindTree who are keen in making Dubai their port of entry into the Middle East region.”

MindTree provides end-to-end project execution onshore, offshore, or in a hybrid delivery model it calls OneShore. It also sets up offshore development centers (ODCs) to serve as an extension of the customer’s development and engineering organizations. The company has proven expertise in a wide range of domains including Internet and Enabling Technologies, Data Warehousing/Business Intelligence, Supply Chain Management (SCM), ERP, Product Engineering, Product Assurance and Testing, Infrastructure Management, Technical Support, Mainframe and System i, Web Services and Application Maintenance. MindTree provides its services with a focus on industries such as manufacturing, travel and transportation, banking, financial services, insurance and Hi-Tech.

“The Middle East is one of the fastest growing regions for MindTree. The opening of the MindTree Middle East office in Dubai is a testimonial of our commitment to better serve our customers in this region,” said MindTree Consulting Chief Operating Officer Subroto Bagchi. “As has been our practice, we will work closely with the CIOs and IT decision makers in the region to understand the unique aspects of technology adoption that organizations in the region face, and provide appropriate solutions and services to them.”

About MindTree Consulting

MindTree Consulting is a global IT and R&D Services Company co-headquartered in the U.S. and India. With a passion for customer satisfaction, MindTree partners with its clients to create a transparent, value-based relationship. Our domain experts deliver business-enabling solutions by leveraging a consulting led, framework-based and IP-driven approach. MindTree’s IT Services business provides a range of services to CIOs across a variety of industry segments. Our R&D Services business works with Technology companies to help build innovative products by providing Product Realization services.

MindTree was named among the Top 30 offshore service providers by the International Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on human capital development, MindTree has been consistently rated as the most admired employer by several industry surveys, including Hewitt Associates and Mercer/TNS, and is also the winner of the MAKE Award for knowledge management. MindTree has been selected as one of the Top 25 companies for good Corporate Governance practices. MindTree is publicly list
ed in India. Please visit us at www.mindtree.com

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For more information, contact:

Manoj Chandran Nirmala D’souza

MindTree Consulting OAK Consulting FZC

+91-080-26711777 Tel: +9714 2216689/+971507343840

[email protected] [email protected]