Wipro - Allotment Of Equity Shares

Wipro Ltd has informed that the Administrative Committee of the Companys Board of Directors vide their resolution dated January 10, 2007, has resolved the following:

1. To issue and allot 87900 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employees Stock Option Plan 2004.

2. Allotted 25450 equity shares of par value of Rs 2/- to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Stock Option Plan - 2000.

3. Allotted 6040 equity shares of par value of Rs 2/- each to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Restricted Stock Unit Plan - 2004.