Syntel CEO Bharat Desai to Open NASDAQ Market on Friday, September 28

Syntel, Inc. (NASDAQ: SYNT), a leading provider of integrated information technology and Business Process Outsourcing (BPO) solutions, today announced that it will open the Nasdaq market on Friday, September 28, 2007 at 9:30 a.m. (Eastern). The event celebrates Syntel’s 10th year of trading on NASDAQ. "Syntel is truly honored to open the NASDAQ market as we commemorate 10 years of company growth and outstanding shareholder returns,” said Bharat Desai, Syntel Chairman and CEO. "Since becoming a public company in 1997, Syntel’s stock has appreciated more than 300 percent and we’ve returned more than $200 million in dividends to shareholders. I’m also proud of the fact that Syntel is listed on the NASDAQ Global Select Market, which has the highest listing standards of any market in the world as measured by financial and liquidity requirements.” Syntel launched its initial public offering and began listing on NASDAQ in August, 1997. Since then, Syntel has grown exponentially from a regional technology player to a global IT and BPO services firm with almost 10,000 employees worldwide and a market cap of more than $1.6 billion. A live webcast of the NASDAQ Opening Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm. To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice. NASDAQ by design is a decentralized electronic market that can be opened anywhere. On average, the NASDAQ processes approximately 20,000 stock market transactions per second and nearly 12 million trades per day. The market open and market close are the busiest times in the trading day, in which NASDAQ's systems handle transaction peaks in excess of 20,000 transactions per second. About Syntel Syntel (NASDAQ: SYNT) is a leading global provider of integrated information technology and Business Process Outsourcing (BPO) solutions. The Company's mission is to create new opportunities for its clients by harnessing the passion, talent and innovation of Syntel employees worldwide. It leverages dedicated vertical and service Centers of Excellence along with its flexible Global Delivery Model to deliver solutions that drive innovation, improve quality and reduce costs for Global 2000 customers in the Financial Services, Insurance, Health Care, Telecom, Retail, Aerospace, Manufacturing, and Automotive industries . Recognized by customers to be "Small enough to listen, Big enough to deliver.™” for its responsiveness and ability to build collaborative partnerships, the Company is known for solutions that deliver sustainable business advantage. Recently named to The Black Book of Outsourcing's "50 Best Managed Global Outsourcing Vendors" list, Syntel has more than 9,200 employees worldwide, is assessed at Level 5 of the SEI's CMMI, BS 7799-2:2002 as well as ISO 9001:2000 certified. To learn more, visit us at www.syntelinc.com.