ADVISORY/Wipro Invitation to Gartner Webinar; Gartner to Define the New Global Order On Offshore Outsourcing

Business Wire, April 4, 2002

Business Editors

ADVISORY...for Wednesday (April 10)

--(BUSINESS WIRE)

    WHO: Rita Terdiman, VP & Research Director at Gartner Group Inc.

      WHEN: April 10th 2002 Time: 3:00 pm - 4:15 p.m (4:00 pm - 5:15 pm
          CET Central European Time)

      WHERE: United Kingdom

      To register: http://www.wipro.com/ping/register.html

Wipro (NYSE:WIT), in association with Gartner Group, are hosting an online Webinar to evaluate the opportunity of offshore outsourcing. The special briefing will highlight current offshore outsourcing trends and perspectives. It will provide critical insights from one of Gartner's foremost experts in Global Sourcing Strategies - Rita Terdiman.

She will cover:

- Global Sourcing Trends

- When to Go Offshore

- Offshore Critical Success Factors

- Common Pitfalls

- Best Practices

Terdiman is a computer industry veteran, with over 25 years IT strategic planning experience. She has written and presented extensively about the offshore model.

The meeting also features a live discussion and Q&A session, chaired by Sudip Nandy, VP-European Operations, Wipro and Vivek Paul, President and Vice Chairman, Wipro Ltd.

For further information please contact:
Nick Hall / Julia Vockrodt
VP Communications
 44 208 964 0260
vp@vp-pr.com

About Wipro Limited

Wipro Limited is the first P CMM 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 research and development services to corporations globally.

In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations.

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. For more information, please visit our websites at www.wipro.com and www.wipro.co.in

Forward-looking and cautionary statements

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 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 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.