Finacle From Infosys Offers Next Generation Solutions for Banks in East Africa

Finacle 10 for Banking Transformation and Finacle Inclusion Solution to Power Innovation for Banks in the Region

LONDON, NAIROBI, Kenya and BANGALORE, India, March 29, 2010 - Infosys Technologies Ltd (BSE:500209, NSE: INFOSYSTCH) showcased Finacle
10 and Finacle Financial Inclusion solution for banks in East Africa.

Finacle 10 will enable banks to transform their operations
through standard platform and processes. A set of over 5000 parameters and an
enhanced scripting studio will deliver rapid product innovation. The solution
also brings a whole new set of offerings including Islamic banking, wealth
management; and an enhanced mobile banking solution. Eight Tier-1 and Tier-2
banks around the world have already transformed their operations with Finacle
10.

According to James Mwangi, Chief Executive Officer, Equity
Bank, Kenya, "Over the last 6 years, Finacle has provided Equity Bank a truly
differentiated transformation model and is core to our business strategy.
Leveraging Finacle's state-of-the-art technology we are able to offer our
customers a range of innovative products and services at reduced cost,
enabling greater inclusive growth."

According to Amit Dua, Associate Vice President and EMEA Regional Manager
- Finacle, Infosys Technologies Ltd., "East Africa is a strategic region for
Finacle and we will continue to invest and innovate to benefit our clients in
the region. Finacle 10 with its powerful multi-entity infrastructure and
transformational capabilities can help banks innovate and improve
productivity to meet dynamic customer demands. With Finacle inclusion
solution, banks can create a new segment by offering a differentiated value
proposition for the unbanked."

The Finacle Inclusion Solution enables banks to gain access to
a new customer segment by setting up a low-cost channel to bank the unbanked.
The solution can interface with any core banking solution directly or through
an industry standard middleware. It enables banking customers to access their
accounts through a business correspondent network. The bank's field staff and
extended correspondent network is in turn enabled to support customer
registrations, cash transactions and service both inquiries and requests. It
supports multi-channel delivery of offerings with optimal operational
efficiency and enables regulation compliance across markets. More details on
the solution are available at:
www.infosys.com/finacle/solutions/solutions-finacle-inclusion.asp

As a leader in banking transformation, Finacle(TM) has a
global footprint across 65 countries and has been acknowledged among the
leaders in the core banking solution space by top analysts including Gartner
and Forrester. Finacle(TM) is also the winner of a series of awards for its
innovation and implementation capabilities, the most notable ones being The
Banker Technology Award, The Asian Banker IT Implementation Award and The
Banking Technology Judge's Special Award for "Innovative Use of IT".

About Finacle(TM) Universal Banking Solution

Finacle from Infosys partners with banks to power-up their
innovation agenda, enabling them to differentiate their products and service,
enhance customer experience and achieve greater operational efficiency. This
proven and effective… framework for multi-disciplinary change, enables
banks to shift their strategic and operational priorities.

Finacle solutions address the core banking, e-banking, Islamic banking,
treasury, wealth management and CRM requirements of retail, corporate and
universal banks worldwide.

Several powerful and differentiating features make Finacle one of the
most comprehensive, flexible and scalable universal banking solution in its
class. These solutions when associated with Finacle services empower banks to
maximize their opportunities for growth, while minimizing the risks that come
with large-scale business transformation. For more information, visit
www.infosys.com/finacle

About Infosys Technologies Ltd

Infosys (NASDAQ: INFY) defines, designs and delivers
IT-enabled business solutions that help Global 2000 companies win in a Flat
World. These solutions focus on providing strategic differentiation and
operational superiority to clients. With Infosys, clients are assured of a
transparent business partner, world-class processes, speed of execution and
the power to stretch their IT budget by leveraging the Global Delivery Model
that Infosys pioneered. Infosys has over 104,000 employees in over 50 offices
worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For
more information, visit www.infosys.com.

Infosys Technologies Ltd - Safe Harbor

Statements in connection with this release may include
forward-looking statements within the meaning of US Securities laws intended
to qualify for the "safe harbor" under the Private Securities Litigation
Reform Act. These forward-looking statements are subject to risks and
uncertainties including those described in our SEC filings available at
www.sec.gov including our Annual Report on Form 20-F for the year
ended March 31 2009 and our other recent filings, and actual results may
differ materially from those projected by forward-looking statements. We may
make additional written and oral forward-looking statements but do not
undertake, and disclaim any obligation, to update them.

For more information please contact:

    Infosys Press Office - Bangalore
    Sujeet Pramanik
    Infosys Technologies Limited
    +91-80-4105-7551
    sujeet_pramanik@infosys.com

    Infosys Press Office - London
    Shamima Begum
    Golin Harris
    +44(0)20-7067-0469
    sbegum@golinharris.com

Infosys Press Office - Bangalore: Sujeet Pramanik, Infosys Technologies Limited, +91-80-4105-7551, sujeet_pramanik at infosys.com; Infosys Press Office - London: Shamima Begum, Golin Harris, +44(0)20-7067-0469, sbegum at golinharris.com