Satyam Computer - Conversion of Stock Options

Satyam Computer Services Ltd has informed BSE that the Compensation committee of Directors of the Company allotted 13,677 equity shares through circular resolution on November 29, 2007, approved on November 30, 2007 under stock option plans of the Company.

Consequent to the above allotment, the paid up share capital of the Company has gone up from 669,269,426 equity shares of Rs 2/- each aggregating Rs 1,338,538,852.00 to 669,283,103 equity shares of Rs 2/- each aggregating Rs 1,338,566,206.00.