InformationWeek Confers "ValueHonors" Awards to Six HCL Technologies Customers

The Program Aimed at Honoring Customers' Contributions in Transforming Businesses

ST. REGIS, California and NOIDA, India, October 5, 2010 - HCL Technologies Infrastructure Services Division (HCL), one
of the leading global IT Services Provider and subsidiary of HCL Technologies
Ltd., today announced that six of its customers: Cummins, Teradyne, one of
the world's leading mobile manufacturers, Old Mutual Wealth Management:
Skandia and Xerox have been facilitated with "ValueHonors Awards" by
InformationWeek, a UBM TechWeb media brand. The winners were announced at the
Information Week 500 annual awards ceremony which is held in St Regis,
Monarch Beach CA, every year. The customers were recognized for their immense
contribution in creating "value and transforming business" in their global
sourcing engagements through active collaboration with their sourcing
partner.

The InformationWeek team approached more than 100 Fortune 1000
and Global 2000 companies from across the globe for the inaugural year of its
'ValueHonors' awards. There was a stringent nomination process and the
enterprises were expected to submit their value stories in three categories
namely - 'Run the Business', 'Change the Business', 'Excellence in
Transition, 'Automation' and 'Innovation'.

A distinguished panel of industry experts and thought-leaders
were convened to judge the entries. The judging panel included Art Wittmann,
VP, InformationWeek Analytics practice, Bill Martorelli, VP Research,
Forrester Research Inc, and Elliott Kass, VP, Content Services,
InformationWeek.

Speaking on this initiative, Mr. Anant Gupta, President of HCL
Technologies Infrastructure Service Division, "We, at HCL Technologies, have
always given utmost importance to customer satisfaction. This annual
independent initiative run by a premier media group like InformationWeek is
aimed at honoring the spirit of collaboration that exists in the global
delivery ecosystem."

"We are pleased that six of our customers have been recognized
this year for promoting positive and favorable impact on their business
through global sourcing and outstanding achievements in technology. Our
customers' contributions to the IT industry will set an example for other
global enterprises who want to leverage global sourcing for competitive
advantage and make 'value creation' a real and measurable outcome in their
sourcing contracts. HCL is honored to be associated with organizations of
such caliber," added Mr. Gupta.

This one of its kind rewards program acknowledges the
'customer value champs' as well as 'HCL engagement management teams' on the
value that they have created over the engagement lifecycle.

Commented Mr. Elliot Kass, Chief Judge of the ValueHonors and
Vice President of Content at UBM TechWeb, "The choice of a sourcing partner
is one of the most strategic decisions for an IT organization. The right
sourcing partner ensures that the companies do not have to focus their IT
talent on creating business value. Undertaken correctly, IT sourcing helps
businesses instill a greater level of discipline and rigor with their
technology, processes and people. These awards are path breaking as they
acknowledge the successful sourcing partnership that moves the business
ahead, fuels new revenue streams and delivers higher levels of customer
satisfaction."

"Cummins is honored to be recognized for excellence in
infrastructure automation, which has not only improved operational
efficiencies but has greatly enhanced the user experience," said Vernon
Wilson, Executive Director, Cummins Business Services IT.

"This is a great example of how both Skandia and HCL have worked in
partnership to define a new operating model which has successfully delivered
a huge number of value-adding infrastructure projects - consistently, with
quality and to time and budget," said Jeremy Gray, Chief Technology Officer,
Old Mutual Wealth Management: Skandia.

"We selected HCL on the basis of its breadth of experience with global
customers in the hi-tech manufacturing industry, its partnership approach and
the transparency in its engagement models. This partnership will enhance
Teradyne's capabilities in global sourcing, enable reduction in costs and
improve our agility as we enhance our position as a global leader in
automatic test equipment," said, Chuck Ciali, CIO, Business Process and
Information Technology, Teradyne Inc.

About HCL ISD

HCL ISD is a leading IT services company and a subsidiary of
HCL Technologies Ltd. (also known as HCL Comnet in India). A focused player
in the IT services arena, HCL ISD seeks to provide simplified infrastructure
solutions through delivering high-performance management services for
complex, distributed infrastructure environments encompassing the Internet,
Client and legacy based infrastructures. HCL ISD addresses the growing demand
for the cost-effective management of technology infrastructure across
geographically dispersed locations. With a mission to develop innovative
solutions for enterprises worldwide, the company has developed a unique model
for Remote IT infrastructure management that enables customer organizations
to achieve superior infrastructure performance and significantly reduced
costs through a global delivery model. For more information, please visit
www.hclisd.com

www.hclisd.com

About HCL Technologies

HCL Technologies is a leading global IT services company,
working with clients in the areas that impact and redefine the core of their
businesses. Since its inception into the global landscape after its IPO in
1999, HCL focuses on 'transformational outsourcing', underlined by innovation
and value creation, and offers integrated portfolio of services including
software-led IT solutions, remote infrastructure management, engineering and
R&D services and BPO. HCL leverages its extensive global offshore
infrastructure and network of offices in 26 countries to provide holistic,
multi-service delivery in key industry verticals including Financial
Services, Manufacturing, Consumer Services, Public Services and Healthcare.
HCL takes pride in its philosophy of 'Employee First' which empowers our
64,557 transformers to create a real value for the customers. HCL
Technologies, along with its subsidiaries, had consolidated revenues of US$
2.7 billion (Rs. 12,565 crores), for the year ended as on 30th June 2010. For
more information, please visit www.hcltech.com

About HCL

HCL is a $5.3 billion leading global technology and IT
enterprise comprising two companies listed in India - HCL Technologies and
HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage
start-ups. A pioneer of modern computing, HCL is a global transformational
enterprise today. Its range of offerings includes product engineering, custom
& package applications, BPO, IT infrastructure services, IT hardware, systems
integration, and distribution of information and communications technology
(ICT) products across a wide range of focused industry verticals. The HCL
team consists of over 71,000 professionals of diverse nationalities, who
operate from 29 countries including over 500 points of presence in India. HCL
has partnerships with several leading Global 1000 firms, including leading IT
and Technology firms. For more information, please visit www.hcl.com

Forward-looking Statements

Certain statements in this release are forward-looking
statements, which involve a number of risks, uncertainties, assumptions and
other factors that could cause actual results to differ materially from those
in such forward-looking statements. All statements, other than statements of
historical fact are statements that could be deemed forward looking
statements, including but not limited to the statements containing the words
'planned', 'expects', 'believes', 'strategy', 'opportunity', 'anticipates',
'hopes' or other similar words. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties regarding
impact of pending regulatory proceedings, fluctuations in earnings, our
ability to manage growth, intense competition in IT services, Business
Process Outsourcing and consulting services including those factors which may
affect our cost advantage, wage increases in India, customer acceptances of
our services, products and fee structures, our ability to attract and retain
highly skilled professionals, our ability to integrate acquired assets in a
cost effective and timely manner, time and cost overruns on fixed-price,
fixed-time frame contracts, client concentration, restrictions on
immigration, our ability to manage our international operations, reduced
demand for technology in our key focus areas, disruptions in
telecommunication networks, our ability to successfully complete and
integrate potential acquisitions, the success of our brand development
efforts, liability for damages on our service contracts, the success of the
companies / entities in which we have made strategic investments, withdrawal
of governmental fiscal incentives, political instability, legal restrictions
on raising capital or acquiring companies outside India, and unauthorized use
of our intellectual property, other risks, uncertainties and general economic
conditions affecting our industry. There can be no assurance that the forward
looking statements made herein will prove to be accurate, and issuance of
such forward looking statements should not be regarded as a representation by
the Company, or any other person, that the objective and plans of the Company
will be achieved. All forward looking statements made herein are based on
information presently available to the management of the Company and the
Company does not undertake to update any forward-looking statement that may
be made from time to time by or on behalf of the Company.

    For details, contact:

    Akanksha Jain
    HCL Technologies
    akankshaj@hcl.com
    +91-987-190-0447

For details, contact: Akanksha Jain, HCL Technologies, akankshaj at hcl.com, +91-987-190-0447