Mumbai - January 28, 2013

Mumbai - January 28, 2013: This note is a response to certain baseless and malicious rumors last week pertaining to Hexaware allegedly losing one of its large clients. Hexaware categorically states that such speculation is false and mischievous. The Company also wishes to reiterate that it has not lost any client nor has it encountered any adverse outcomes in the recent deal pursuits. Hexaware continues to win new business and add new logos across all its major focus areas consistently.

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