05.07.2006 20:41:00

Infosys Technologies to Announce First Quarter Results on July 12, 2006

Infosys Technologies Limited (NASDAQ:INFY), a worldleader in consulting and information technology services, willannounce results for its First Quarter ended June 30, 2006 onWednesday, July 12, 2006, Indian Standard Time (IST) (on the night ofTuesday, July 11, 2006, US Eastern Time (ET)). The results will alsobe available on the Infosys web-site, www.infosys.com.

Following the release, Infosys CEO, President and ManagingDirector, Mr. Nandan M. Nilekani; COO and Deputy Managing Director,Mr. S. Gopalakrishnan; CFO, Mr. V. Balakrishnan and other membersof senior management will comment on the company's performance. Thiswill be telecast by CNBC-TV 18 to its viewers as a part of its"Boardroom" series direct from Bangalore at 10.30 a.m. IST on July 12,2006 (this will not be telecast in the US). An archive of this eventcan be accessed at www.infosys.com after 2.00 p.m. IST on July 12,2006 (at 4:30 a.m. US ET on July 12, 2006).

Financial results to mobile phone users in India

Highlights of the results will be made available to mobile phoneusers in India through SMS. To access highlights using SMS, kindlytype "R Infosys" (R space Infosys) or "Results Infosys" (Results spaceInfosys) and send it to 2622 (which is CNBC on your handset). Resultson SMS will be available after 10.00 a.m. on Wednesday, July 12, 2006.

Earnings call

(2:00 p.m. - 3:00 p.m. IST)

The company will conduct an hour-long conference call at 2:00 p.m.IST (4:30 a.m. ET) on July 12, 2006, where senior management willdiscuss the company's performance and answer questions fromparticipants. To participate in the conference call, please dial thenumbers provided below five to ten minutes ahead of the scheduledstart time. The operator will provide instructions on asking questionsbefore the call. As participation in the call is limited to 100participants in Mumbai, 20 participants in Bangalore and 25participants outside India, early registration (by calling the numbers10-15 minutes before the scheduled start time) is encouraged.

This event will be webcast live on the Internet and an archive canbe accessed at www.infosys.com after 5.00 p.m. IST on July 12, 2006(after 7:30 a.m. US ET on July 12, 2006). A transcript of theconference call will be available at www.infosys.com.

Earnings call with US and European Investors

(8:30 a.m. - 9:30 a.m., US ET)

The company will also conduct an hour-long conference call at 8:30a.m. ET (6:00 p.m. IST) on July 12, 2006, where senior management willdiscuss the company's performance and answer questions fromparticipants. To participate in the conference call, please dial1-800-522-7804 (+1 (706) 643-9620 for callers from outside US /Canada)

The operator will provide instructions on asking questions beforethe call. As participation in the call is limited to 150 participants,early registration (by calling the numbers 10-15 minutes before thescheduled start time) is encouraged.

This event will be webcast live on the Internet and an archive canbe accessed at www.infosys.com after 11.00 a.m. ET on July 12, 2006(after 8:30 p.m. IST on July 12, 2006). A transcript of the conferencecall will be available at www.infosys.com.

Fax-on-Demand Service

The quarterly financial results will also be available through aFax-On-Demand service, which will be operational from 10:00 a.m. ISTonwards on Wednesday, July 12, 2006 (from 12:30 a.m. on July 12, 2006,US ET). This service will be available through facsimile number +91(80) 2852-2444.

Summary of events

Event Date and Time Web-site/Channel Telephone / Fax
No.
----------------------------------------------------------------------
Earnings Morning of www.infosys.com
release over July 12, 2006
the wire (IST)
services
Night of
July 11, 2006
(ET)
----------------------------------------------------------------------
Fax-On- From 10:00 a.m. +91-80-2852 2444
Demand July 12, 2006
service (IST)

From 12:30 a.m.
July 12, 2006
(ET)
----------------------------------------------------------------------
Live 10:30 a.m. CNBC-TV 18
broadcast of July 12, 2006
management's (IST)
comment on
the results No telecast in
the US
----------------------------------------------------------------------
Archived 2:00 p.m. www.infosys.com
webcast of July 12, 2006
management's (IST)
comment on
the results 4:30 a.m.
July 12, 2006
(ET)
----------------------------------------------------------------------
Earnings 2:00 - 3:00 p.m. www.infosys.com TOLL, MUMBAI:
conference July 12, 2006 +91-22-2781-2277
call (IST) +91-22-6791-7977
TOLL, BANGALORE:
4:30 - 5:30 a.m. India +91-80-2237-7232
July 12, 2006 +91-80-4158-8532
(ET) ---------------------------------------
TOLL-FREE:
Singapore +65 666-8-7509
Passcode: 338539#
---------------------------------------
TOLL-FREE:
Hong Kong 800-933-188
Passcode: 338539#
---------------------------------------
TOLL-FREE:
Japan 00531-65-3841
Passcode: 338539#
---------------------------------------
TOLL-FREE:
UK 0800-89-8246
Passcode: 338539#
---------------------------------------
TOLL-FREE:
Germany 0800-186-0398
Passcode: 338539#
---------------------------------------
TOLL-FREE:
France 0800-90-8943
Passcode: 338539#
---------------------------------------
TOLL-FREE:
US 1-888-297-5258
Passcode: 338539#
----------------------------------------------------------------------
Replay of Through July www.infosys.com TOLL, MUMBAI:
conference 17, 2006 +91-22-2788-0506
call TOLL, BANGALORE:
+91-80-17030-5666
----------------------------------------------------------------------
Earnings 6:00 - 7:00 p.m. www.infosys.com TOLL-FREE:
conference July 12, 2006 1-800-522-7804
call (IST) Questions during INTERNATIONAL
the call can be TOLL:
8:30 - 9:30 a.m. addressed +1-706-643-9620
July 12, 2006 to sandeep_mahindroo Confirmation code
(ET) @infosys.com - 2609951

LISTEN-ONLY FOR
CALLERS IN INDIA:
TOLL, MUMBAI:
+91-22-2781-2277
+91-22-6791-7977
TOLL, BANGALORE:
+91-80-2237-7232
+91-80-4158-8532
----------------------------------------------------------------------
Replay of Through July www.infosys.com TOLL-FREE,
conference 17, 2006 USA/CANADA:
call (India) 1-800-642-1687
INTERNATIONAL
Through August TOLL:
14, 2006 (US) +1-706-645-9291
Confirmation code
- 2609951
TOLL, MUMBAI:
+91-22-2788-0506
TOLL, BANGALORE:
+91-80-17030-5666
----------------------------------------------------------------------

About Infosys Technologies Limited

Infosys (NASDAQ:INFY) defines, designs and delivers IT-enabledbusiness solutions. These provide our clients with strategicdifferentiation and operational superiority, thereby increasing theircompetitiveness. Each solution we provide is delivered with theindustry-benchmark "Infosys Predictability" that gives our clientspeace of mind. With Infosys, they are assured of a transparentbusiness partner, business-IT alignment with flexibility, world-classprocesses, speed of execution and the power to stretch their IT budgetby leveraging the Global Delivery Model that Infosys pioneered.Infosys has over 52,000 employees in over 30 offices worldwide. Formore information, visit www.infosys.com.

Safe Harbor

Certain statements in this release concerning our future growthprospects are forward-looking statements, which involve a number ofrisks and uncertainties that could cause actual results to differmaterially from those in such forward-looking statements. The risksand uncertainties relating to these statements include, but are notlimited to, risks and uncertainties regarding fluctuations inearnings, our ability to manage growth, intense competition in ITservices including those factors which may affect our cost advantage,wage increases in India, our ability to attract and retain highlyskilled professionals, time and cost overruns on fixed-price,fixed-time frame contracts, client concentration, restrictions onimmigration, industry segment concentration, our ability to manage ourinternational operations, reduced demand for technology in our keyfocus areas, disruptions in telecommunication networks or systemfailures, our ability to successfully complete and integrate potentialacquisitions, liability for damages on our service contracts, thesuccess of the companies in which Infosys has made strategicinvestments, withdrawal of governmental fiscal incentives, politicalinstability and regional conflicts, legal restrictions on raisingcapital or acquiring companies outside India, and unauthorized use ofour intellectual property and general economic conditions affectingour industry. Additional risks that could affect our future operatingresults are more fully described in our United States Securities andExchange Commission filings including our Annual Report on Form 20-Ffor the fiscal year ended March 31, 2006. These filings are availableat www.sec.gov. Infosys may, from time to time, make additionalwritten and oral forward-looking statements, including statementscontained in the company's filings with the Securities and ExchangeCommission and our reports to shareholders. The company does notundertake to update any forward-looking statements that may be madefrom time to time by or on behalf of the company.

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