National HRD Network Awards Wipro Spectramind with ``Trailblazers Award''.

BANGALORE, India -- For designing, adapting, developing and deploying innovative, future focused human resource management practices

Wipro Spectramind, the BPO division of Wipro Ltd. (NYSE:WIT), was awarded the NHRDN (National HRD Network) Trailblazers Award 2004, during the International NHRD Conference 2004, hosted in Bangalore. The prestigious award was conferred in the category of academic institutions, corporations and voluntary organizations that have created new paths and directions for others to emulate.

National HRD Network has specifically recognized Wipro Spectramind for its performance orientation that has become central to the company culture. The performance management system at Wipro Spectramind is aligned to both, the business goals and values adherence. The company values/ operating principles are broken down into behavioral indicators that are observed and measured on a regular basis, which in turn linked to the personal effectiveness parameters in an individual's performance review. There is also an ongoing emphasis on training needs assessment and people development.

Wipro Spectramind was also noted for its innovative practices in the areas of attracting the right talent, reward & recognition, promoting fun as a written down operating principle, learning, employee communication and compensation which are amongst the key reasons for the spectacular success of the company.

Raman Roy, Chairman & Managing Director, Wipro Spectramind said, "Our business is people centric and requires constant innovations in HR practices so that each employee is able to achieve levels of performance that exceed expectations." S. Varadarajan, Vice President -- Talent Engagement and Development, Wipro Spectramind added that, "HR has truly assumed the role of a strategic importance to the business. By empowering employees and providing an open and transparent work environment has helped us build a cohesive workforce."

Wipro Spectramind is one of the largest Business Process Outsourcing companies in India and employs more than 13,000 people at multiple locations in New Delhi, Mumbai, Belapur, Chennai, Pune and Kolkata. It provides a wide range of services in the BPO arena including customer relationship management, industry specific processes and back office transaction processing. Wipro Spectramind added close to 3700 employees during the first two quarters of the current fiscal.

About Wipro Limited

Wipro Spectramind is the global BPO services division of Wipro Limited (NYSE:WIT). Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and Business Process Outsourcing services to corporations globally. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai and the National Stock Exchange, among others. More information is available at www.wipro.com

Forward-looking and cautionary statements

Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, 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, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, 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 filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in.