iGATE Announces to Delist from NYSE

iGATE Computer Systems Limited (f.k.a Patni Computer Systems Limited) publicly announced its intention to apply for the voluntarily delisting of its American Depositary Shares ("ADSs") from the New York Stock Exchange (the "NYSE") on September 28, 2012.

Against this backdrop, the Company believes that the costs and expenses associated with the continued listing on the NYSE are not economically justified, taking into account the fact that the volume of the Company's ADSs which trade on the NYSE accounts for only a small fraction of the Company's total outstanding equity. Therefore, the Company decided to apply for voluntary delisting of its ADSs from the NYSE and for deregistration of its ADSs under the Exchange Act to eliminate the associated costs and expenses and thereby promote profitability.

On August 31, 2012, a notice announcing the delisting of the ADSs from the NYSE was distributed to holders of ADSs as required by a deposit agreement dated December 7, 2005 by and between the Company and The Bank of New York Mellon, as Depositary.

On September 18, 2012, the Company intends to file a Form 25 with the U.S. Securities and Exchange Commission (the "Commission") and it is expected that the last day of trading on the NYSE will be Friday, September 28, 2012.  Then, the ADSs will transition to "level one status" and will be tradable on the U.S. over-the-counter market beginning on Monday, October 1, 2012.

Since listing its ADSs on the NYSE in 2005, the Company has complied with the disclosure requirements of U.S. securities laws and regulations and made efforts to enhance voluntary disclosures to assist U.S. shareholders and investors deepen their understanding of the Company.