BNSF and Infosys Announce Strategic Business Relationship.

Business Editors/High-Tech Writers

FORT WORTH, Texas & FREMONT, Calif.--(BUSINESS WIRE)--June 18, 2001

The Burlington Northern and Santa Fe Railway Company (BNSF), the second largest rail network in North America, and Infosys Technologies Limited (Nasdaq:INFY), a leading provider of information technology (IT) consulting and services, today announced a strategic relationship designed to improve operations and customer service.

Under the terms of the agreement, Infosys will establish a co-sourcing model integrating both BNSF and Infosys teams to design, deploy and manage certain IT systems. As a result, software development will be streamlined for these systems and applications, reducing overall IT costs for BNSF. It is expected that the Infosys dedicated team will grow to over 125 people during the next 18 months. Other terms of the agreement were not disclosed.

"BNSF continues to use new technologies to make it easier for customers to do business with us," said Greg Fox, vice president of technology services and Chief Information Officer. "We need to become more efficient in software development, and we believe Infosys' core competence in building distributed technology teams combined with their knowledge of the transportation industry will enable BNSF to leverage round-the-clock service that will reduce IT costs and meet our objectives in a quality manner."

BNSF first learned about Infosys from Gartner, the research and advisory firm located in Stamford, Connecticut. "We consider Infosys one of the premier IT consulting and services firms," stated Rita Terdiman, vice president and research director, Gartner, Inc. "This makes it easy for us to recommend them to any large client," she added.

"BNSF is an IT leader in the transportation industry," stated Prasad Thrikutam, Infosys associate vice president of business development, "and their initiative to partner with us will enable BNSF to move more quickly and efficiently into new technologies that will continue to provide strategic and competitive advantages."

"We are very excited to be working with BNSF," commented UB Pravin, Infosys vice president of delivery systems. "Using both our global business model and proven software development methodologies, we will work with BNSF to build a roadmap of technology projects that will meet their objectives."

About BNSF

A subsidiary of Burlington Northern Santa Fe Corporation (NYSE:BNI), BNSF operates one of the largest rail networks in North America, with 33,500 route miles of track covering 28 states and two Canadian provinces. BNSF is an industry leader in Web-enabling a wide variety of customer transactions. The railway moves more intermodal traffic than any other rail system in the world, is America's largest grain-hauling railroad, and hauls enough coal to generate more than 11 percent of the electricity produced in the United States.

About Infosys Technologies Limited

Infosys Technologies Ltd. (Nasdaq:INFY) is an IT consulting and service provider, providing end-to-end consulting for global corporations. The company has partnered with several Fortune 1000 companies providing a wide range of services for technology driven business transformation initiatives. These services include e-strategy consulting and solutions, large application development and enterprise integration services. Infosys also has product co-development initiatives with numerous communication and Internet infrastructure companies that are creating the building blocks for the digital economy.

The Global Delivery Model of the company leverages talent and infrastructure in different parts of the world to provide high quality, rapid time-to-market solutions. Infosys' U.S. headquarters is located in Fremont, Calififornia; the company also maintains offices throughout the U.S., Europe and Asia. For more information, contact Infosys Technologies at [phone] in India, and 510/742-3000 in the U.S. or visit Infosys on the World Wide Web at www.infy.com.

Safe Harbor 

Certain statements in this release concerning Infosys' future growth prospects are forward looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2001. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

Note: This news release can be found on BNSF's Web site at http://bnsf.com and on Infosys' site at www.infy.com.