MindTree Celebrates 10th Anniversary

WARREN, NJ--(Marketwire - August 18, 2009) - MindTree Ltd., a global IT Solutions Company,
today reached a major milestone by completing 10 years of its journey.
During this period, MindTree has realized significant achievements and
global recognitions to evolve as the industry's best mid-sized company,
including being ranked 14th among the top IT Services exporters by the
National Association of Software and Services Companies (NASSCOM) for
2008-09.

Since its inception on August 18, 1999, MindTree became the fastest Indian
IT Services Company to surpass the $100 Million revenue mark, and has built
a customer base that includes more than 250 Global 2000 companies. The
7,600 MindTree Minds, along with MindTree's valuable customers and
partners, are responsible for this impressive growth, which allows the
Company to offer differentiated services in a cross section of industry
domains and technologies.

On the occasion of MindTree's 10th anniversary, MindTree Executive Chairman
Ashok Soota said, "MindTree was conceptualized in 1999 by its 10
co-founders with the objective of creating a different kind of company,
through a unique consulting-led approach to our IT Services and an
Intellectual Property-led approach to our Product Engineering Services. We
always remained true to our value system called CLASS (Caring, Learning,
Achieving Sharing and Social Responsibility). We soon became globally
recognized for our people practices, customer centricity, inclusion and
corporate governance. MindTree was among the youngest companies in the
world to be assessed Level 5 in CMMi and P-CMM. Our growth during the 10
years also included a few successful acquisitions that further strengthened
our offerings to our customers. We were the first venture capital-backed IT
services company to be listed on the Indian stock exchanges in 2007."

"In these 10 years, we have put in place the necessary foundation to launch
the next phase of our growth. Our Vision is to achieve revenues of $1
Billion by 2014. I am confident that MindTree has the necessary strength,
skills and management capabilities to achieve this Vision and emerge as one
of the most admired companies globally," he added.

MindTree Minds are celebrating the 10th anniversary of the organization
across the globe. As part of the celebration, the Company has adopted a
forestation initiative in Bangalore. Named MindTree Forest, it will have
8,000 trees -- one each in the name of every MindTree Mind and every
customer. Over the years, as these 8,000 trees grow, they will create a
forest providing the much needed green cover to the growing city of
Bangalore.

About MindTree Ltd.

MindTree Ltd. is a global IT Solutions company specializing in IT Services,
Independent Testing, Infrastructure Management and Technical Support
(IMTS), Knowledge Services and Product Engineering, which comprises of R&D
Services and Software Product Engineering. MindTree partners with its
clients to create a transparent, value-based relationship. Our people build
innovative solutions in a wide range of technology domains that enable our
customers to succeed in their business goals.

MindTree was ranked 45th among the leaders in The 2009 Global Outsourcing
100 by the International Association of Outsourcing Professionals. Widely
known for its focus on human capital development, MindTree has been
consistently rated among the most admired employers by several industry
surveys, including Great Places To Work Institute, Hewitt Associates and
Mercer. MindTree was ranked No. 1 among the Most Admired Knowledge
Enterprise (MAKE) India Award winners for the second consecutive year in
2008. MindTree is the winner of the National Award for Excellence in
Corporate Governance in India in 2007-08. The Company is publicly listed in
India. Please visit us at www.mindtree.com.

Safe Harbor

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 our actual results to differ materially from
those in such forward-looking statements. We do not undertake to update any
forward-looking statement that may be made from time to time by us or on
our behalf.