TCS wins business performance management engagement with Temasek Holdings
Singapore, March 15, 2007

Tata Consultancy Services (TCS) announced today that it has started a major engagement for business performance management with Temasek Holdings, one of Asia's largest investment companies.

In the engagement, which is valued at approximately SGD 5 million, TCS is acting as an end-to-end systems integrator, providing services around the Hyperion product suite with solutions aimed at addressing Temasek Holding's need for a web-based information management solution and an enterprise-wide central data warehouse, which will form the back bone of its management decision support system.

The solution broadly comprises five sub-systems:

• Data acquisition and integration
  
• Data storage
  
• Financial consolidation
  
• Strategic financial modeling
  
• Reporting

The solution will help provide Temasek with an integrated view of various investments and portfolios that Temasek Holdings holds across various business units and business.

"As an active and responsible investor, Temasek maintains the highest standards of governance. With operations in multiple markets and sectors, we need our information systems to be able to support and manage our operations," said Alan Thompson, managing director, value management, Temasek Holdings. "TCS has been instrumental in helping us leverage proven software tools for business support and risk management. It is part of ongoing efforts at continuous improvement at Temasek."

"The solution we are implementing for Temasek Holdings automates the consolidation of information across the many departments and systems they have and provides them with an integrated multi-dimensional view of their business," said Girija Pande, executive vice president and head for TCS Asia Pacific.

About Temasek Holdings
Incorporated in 1974, Temasek Holdings is an Asian investment firm headquartered in Singapore. Supported by affiliates and offices around Asia, it manages a diversified S$129-billion portfolio, concentrated principally in Singapore, Asia and the OECD economies.

The Temasek portfolio spans various industries including telecommunications and media; financial services; real estate; transportation & logistics; energy & resources; infrastructure; engineering & technology as well as bioscience and healthcare.

Temasek's total shareholder return since inception in 1974 has been 18 percent, compounded annually. It has a corporate credit rating of AAA / Aaa by rating agencies Standard & Poor's and Moody's respectively.