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With reference to the news item appearing in a leading financial daily titled “HTMT Global to buy BPO co in Europe”, HTMT Global Solutions Ltd has clarified to BSE that the Company on an ongoing basis is looking at acquisitions to grow inorganically. The Company has multiple target opportunities that it evaluates The sizes of these opportunities also vary, from mid-size to large sized ones. Discussions and negotiations process is continuing and there is no further development that could constitute a “disclosable event”. If any conclusion towards acquisitions of any Company is reached, then before such event, the Company will definitely make adequate disclosure to the Exchange as done in the past.

HTMT Global Solutions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2008, inter alia, to consider the following:

1. Audited Financial Results of the Company (Standalone) for the year ended March 31, 2008.

2. Consolidated Audited Financial Results of the Company for the year ended March 31, 2008.

3. Recommendation of dividend for the year ended March 31, 2008.