D A PRASANNA MD & CEO Wipro GE Medical Systems President, GE Medical Systems, South Asia, And South East Asia Chairman, GE Medical Systems X-Ray, South Asia Chairman, GE BEL Chairman GEMSIT Ltd

Dear Customer,

All-round, we are seeing highly positive signs of growth in the field of quality healthcare in the region. And exciting times are ahead for us at GE, your trusted partner in healthcare technology solutions.

Mr. John F. Welch visited India recently. Often described as the greatest Manager, CEO of the Millennium and soon, his visionary impact was felt through out the region. GE™s largest R&D Centre outside of USA was inaugurated in Bangalore. Named the John F. Welch Technology Centre, it is going to significantly expand India™s contribution in several leading edge technologies, including medical imaging.

In Medical Systems, our Indian operations in engineering, manufacturing and exports are one of the biggest in the world. Mr. Welch handed over the 12,500th Ultrasound Scanner to come out of Bangalore.

After his review of GE Medical Systems activities, Mr. Welch commended the team for its customer focus and growth momentum. Our customers told Mr. Welch they find GE different from all other vendors, as we have shown the benefits of Six Sigma by working with them to improve their day-to-day healthcare operations.

Despite growing twice as fast as the overall healthcare industry, we are not complacent. We want to listen to you, and serve your needs better.

Let us work together and win together while riding the growth wave in healthcare.

New York - October 19, 2000 Wipro debuted on the New York Stock Exchange (NYSE) with 7.5 percent premium on its offer price. Wipro Chairman, Mr. Azim Premji rang the bell to commence the day™s trading at NYSE, the company™s American Depository Shares (ADS) started trading at $44.5 per share against the offer price of $41.38. Within three hours, a million and a quarter shares had exchanged hands at prices ranging between $41.4 to $45.8 per share. Wipro is the first Indian company to be allowed to ring both the starting and closing bells at NYSE and is only the third non-US company to do so in the history of the bourse.

GE Chairman, Mr. John F. Welch was the chief guest at the closing bell ceremony.

Wipro Limited is a leading India based provider of IT services globally, headquartered in Bangalore.