NIIT acquires equity stake in Evolv

Gurgaon, January 15, 2008: NIIT, the leading Global Talent Development Corporation and Asia’s largest trainer, today announced that it has acquired controlling interest in Evolv Management Services Private Limited (Evolv), a leading provider of English Language and Communication Training, headquartered in Noida.

Evolv has over 100 employees, and has a pan-India presence and delivery capability. It provides training services to marquee clients across IT and ITeS, Banking, Insurance and Telecom industry segments, amongst others. English Language and Communication Training forms the core of training needed by the workforce across all services sectors including IT/ITES, Banking, Retail, Hospitality and Healthcare etc.

Evolv has developed over 50 specialized courses and a library of modules for providing training in the English Language and Communication domain. The courses include Accent Neutralization, Fluency and Expression, Cross Cultural Communication, Presentation Skills, Business Writing Assertive Communication, Conversational Skills etc. The courses can be customized to be delivered to working professionals from different industries, functions and levels.

NIIT’s Corporate Learning Solutions, offers integrated learning solutions to large global corporations in IT and ITES, Banking, Insurance, Telecom and Retail space. Expertise in English language training, through Evolv, will bolster NIIT’s offerings, and provide greater penetration into existing and potential markets.

About NIIT

NIIT, Asia’s No. 1 trainer and leading Global Talent Development Corporation, offers learning and knowledge solutions to 5 million students across 32 countries.

Leading IT magazine Dataquest has conferred upon NIIT, the Top IT Training Company Award 2007. Rated among India’s Superbrands (2003-05), NIIT’s Individual Learning Business offerings include: Industry-endorsed programs for students seeking careers in IT: GNIIT, Integrated ANIIT for Engineers (IAE) and Advanced Technology Programs for IT professionals.

For working professionals, NIIT Imperia, Centre for Advanced Learning, offers Executive Management Education Programmes in association with Indian Institutes of Management (IIMs) at Ahmedabad, Indore and Kolkata.

NIIT Institute of Finance Banking & Insurance (IFBI), formed with equity participation from ICICI Bank, offers programs to develop talent for the banking industry.

NIIT School Learning Solutions (SLS) offers turn key IT and ICT integration program for schools. NIIT SLS has provided computer-based learning to over 5000 government and private schools.

NIIT’s Corporate Learning Solutions, offers integrated learning solutions (including strategic consulting, learning design, content development, delivery, technology, assessment and learning management) to Fortune 500 companies, Universities, Technology companies, Training corporations and Publishing houses.

Element K delivers learning solutions for customers and partners through a tailored combination of catalog learning products, technology, and services. The offerings include: vLab®: hands-on labs, instructor-led courseware, comprehensive e-reference libraries, technical journals, and KnowledgeHub™: hosted learning management platform.

NIIT together with Element K is now the first and the best choice for comprehensive learning solutions, worldwide.

For media queries, please contact:

Prateek Chatterjee, NIIT Limited, Ph: +91 9910201085, +124 4293041;

Email: prateek.chatterjee@niit.com or

Shivanjali Singh, NIIT Limited, Ph: +91 9811991107; +124 4293044;

Email: shivanjali.singh@niit.com or Visit www.niit.com

Investors may contact:

Kapil Saurabh, NIIT Ltd, Ph: +91 124 4293000; Fax: +91 124 4293333;

Email: kapil.saurabh@niit.com