3i Infotech

3I Infotech

Table of Contents Business Statement .................................................................................................................................. 2 About the company .................................................................................................................................. 2 Worldwide Operations.............................................................................................................................. 3 Corporate Office ....................................................................................................................................... 3 Portfolio of Offerings ................................................................................................................................ 3 Executive Management ............................................................................................................................ 4 Performance Report – 2006-07 ................................................................................................................ 5 Financials................................................................................................................................................... 5 Revenue Trends ........................................................................................................................................ 6 Historical Stock Prices (Mar 06- Mar 07) .................................................................................................. 7 Strategic decisions taken .......................................................................................................................... 7 Acquisitions ............................................................................................................................................... 8 Awards and Recognitions.......................................................................................................................... 8 Company News ......................................................................................................................................... 9 Future Outlook .......................................................................................................................................... 9

1|Page

3I Infotech

Business Statement “ At 3i Infotech, we have always believed that to grow exponentially, we need to break free from convention. To look at things with a different perspective. To innovate where it doesn't seem possible. This is an ideology that has helped us grow from strength to strength. It forms the very DNA of our existence and is what drives us to achieve greater heights…differently.”

About the company 3i Infotech is a global Information Technology company which provides technology solutions to over 500 customers in more than 50 countries across 5 continents, spanning a range of verticals - Banking, Insurance, Manufacturing, Contracting, Retail & Distribution and Government. 3i Infotech offers a comprehensive range of software and IT solutions, including packaged applications for the Banking, Financial Services & Insurance (BFSI), Manufacturing, Contracting, and Retail & Distribution industries. In addition, it offers a broad range of software services such as Custom Software Development, IT Consulting, IS and IT Security Consulting, Enterprise Application Integration (EAI), Managed IT Services, and specialized services such as Product Re-engineering, Compliance Consultancy, Application Rehabilitation and e-Governance, among others. The Company has its Intellectual Property Rights (IPR) driven solutions for Banking, Insurance, Mutual Fund and Capital Markets. The Company also provides Business Process Outsourcing (BPO), Managed Services, Technology Services, Workflow and Document Imaging, Business Intelligence and Data Warehousing Services. The Company has established its sound presence in the developed markets of US and UK with about one-third of its total revenue coming from these markets. It has its presence world wide, with its offices across 10 countries and clients spread in more than 50 countries. The Company's quality certifications include SEI CMMI Level 5 for Software business and ISO 9001:2000 for Infrastructure Services and Business Process Outsourcing (BPO) operations.

2|Page

3I Infotech

Worldwide Operations India (Corporate Office) Asia Pacific Europe, Middle East & Africa United States of America

Corporate Office 3i Infotech Limited Akruti Centre Point, 6th Floor, MIDC Central Road, Next to Marol Telephone Exchange, Andheri (E), Mumbai - 400 093, INDIA Tel: +91 22 39145700 Fax: +91 22 39145520 Website: http://www.3i-infotech.com

Portfolio of Offerings Solutions -

Insurance - Enterprise-wide solution for Life, Non-Life, Islamic (Takaful) insurance businesses and Insurance Brokering Businesses Banking - Core Banking, Treasury, ALM, Risk Management, Factoring and Loan Management solutions ERP - For Retail, Distribution, Manufacturing and Contracting enterprises ERM - Customer Relationship Management (CRM), Supply Chain Management (SCM), Partner Relationship Management (PRM) and Vendor Relationship Management (VRM) Services

Services -

IT Consulting - Security Consulting, Digital Certification, IS Consulting and System Integration Software Development - Bespoke development of conventional, web, e & m commerce applications Managed Services - System Maintenance, Network Management, Data Center, Disaster Recovery, Configuration and Operation

3|Page

3I Infotech

Products -

PREMIA - Insurance Management KASTLE - Secure Banking Solutions AMLOCK - Anti Money Laundering & Fraud Detection iBOSS - Integrated Broker Office Solutions Suite AWACS - Stock Exchange Surveillance MFund - Mutual Funds ORION - Enterprise Resource Planning (ERP) Xroadz - Enterprise Relationship Management (ERM) Armada - Fleet Management Solution Veda - Recruitment Automation Solution DataScan.Online - Document Management System

The Company continues to focus on technology related to the Banking and Financial Services Industry (BFSI) segment. The Company has achieved leadership in retail lending solutions, factoring solutions, end to end offerings in claim processing and Life Insurance Solutions in Asia. In Mutual Fund solutions, the Company is a leader in fund accounting and investors servicing in Malaysia. The Company is also a leader in India in providing Anti Money Laundering Solutions. The Company is gaining leadership in e-governance services in India.

Executive Management Hoshang Sinor, Chairman V. Srinivasan, MD& CEO Hariharan Padmanabhan, Managing Director Amar Chintopanth, Executive Director & CFO Anirudh Prabhakaran, Head - South Asia Debneel Mukherjee, Head - Asia Pacific Kalpesh Desai, Head - Europe, Middle East & Africa

4|Page

3I Infotech

Performance Report – 2006-07 -

The Company’s revenue grew at a rate of 58% compared to its previous year. Lower growth in costs as compared to the revenue resulted in improvement in margins, both at the operating level and at the net level. Operating profits (EBITA) grew to Rs 1.585 million, a growth of 85% compared to the previous year. The net profit grew to Rs 1,045 million, a growth of 81% compared to last year

Financials

Shares in issues (lakhs) EPS Book Value

5|Page

310 1.97 19.65

530.5 5.25 51.31

563 9.79 64.24

3I Infotech

Revenue Trends

6|Page

3I Infotech

Historical Stock Prices (Mar 06- Mar 07)

-

Strategic decisions taken The Company has taken few strategic decisions that will contribute to its growth significantly in coming years. These include -

Launch of PREMIA Insurance Broking Exchange (IBX), a first of its kind subscription based internet solution for Indian insurance industry Entry of the Company in the Mutual Funds vertical, both in the products and services space Commencement of BPO operations for the Mutual Funds Industry Entry into UK market through acquisition and also making it its first Insurance product sale in that geography Tie up with Government of Karnataka’s e-Governance project Launch of Technology Center of Excellence together with Oracle

The company successfully completed two Foreign Currency Convertible Bonds (FCCB) issues

7|Page

3I Infotech

Acquisitions -

-

KNM Services Pvt Ltd o The acquisition is set to enhance the company’s delivery capability in the niche area of cheque truncation for banks. Datacons o It’s a company operating in Mutual Funds space. The acquisition has given 3I Infotech an entry into the lucrative Mutual Funds space.

-

Stex Software o This company gave 3I Infotech a document imaging and work flow product which would compliment its products and enable them to penetrate the customer base

-

E-Enable o This company will help creating BI modules which can be integrated with 3II’s existing products and thereby enhancing its existing value.

-

Rhyme Systems o With this company, 3II has entered the brokerage and private wealth management market in UK.

Awards and Recognitions -

Rated as one of the top 4 Indian software products companies (Source: Dataquest, India) Ranked 2nd in the lending segment in 2006, by the UK based International Banking System (IBS) (2006) Asia Insurance Review “Service Provider of the Year” Award (2005 and 2006) Frost & Sullivan Product Innovation Award for Insurance Solutions, (2006) Oracle "Top Revenue for FSI Industry FY06 Award" for ISV category in Malaysia (2006) AMLOCK (Anti Money Laundering software solution) won the Hyderbad Software Exporters Association (HYSEA) Award for the “ Best Software Product of 2005-2006” IBM Best New ISV Partner Award (2006) Oracle Partner Excellence Independent Software Vendor Award (2004 and 2005) Winner of Dubai Quality Appreciation Program award (2005)

8|Page

3I Infotech

Company News -

3i Infotech buys 51 pc in HCCA (GreaterKashmir.com (press release) - 3 Sep 2007) 3i Infotech plans regional launch of Islamic financial solutions (Gulf News - 1 Sep 2007) 3i Infotech to Open 'Technology Centre of Excellence for Insurance(http://www.3iinfotech.com/me/index.aspx) 3i Infotech Launches BPO Services for the Middle East at MEFTEC, Bahrain 3i Infotech plans document content management system launch at MEFTEC, Bahrain 3i Infotech launches Saudi Arabia Operations 3i Infotech acquires stake in HR-BPO co. (Indiaoutsourcewatch.com - 29 Aug 2007) 3i Infotech to launch niche IT solutions for Islamic Financial (AME Info (press release) - 21 Aug 2007 )

Future Outlook As per the Economic Intelligence Unit Foresight 2020, - The world economy would be two-thirds bigger in 2020. The Global GDP would grow at an average annual rate of 3.5%. - US would maintain one of the fastest growth rates in the industrialized world at a growth rate of 3%. Propelled by fast growth in China and India, Asia would increase its slice of world GDP from 35% in 2005 to 43% in 2020. - It is expected that by year 2020, India would emerge as the 3rd largest economy of the world after US and China. - For developed countries, the transfer of jobs from the manufacturing sector to emerging markets would continue. - Almost all net increase in employment in the US and Europe would be in the services sector, especially its higher value-added segments. - In the US, the employment in services industries is expected to increase from an already high rate of about 85% to well over 90% of total employment, predominately in the technology area. 44% of the new employment opportunities would be created in India and in China, of which the predominant part (about 30%) would be in India.

The above growth in developed as well as developing markets provides for significant future growth opportunities for the Company.

9|Page