Patni Computer - Allotment Of Equity Shares

Patni Computer Systems Ltd has informed that the Compensation & Remuneration Committee of Directors of the Company vide circular resolution dated May 15, 2007 has allotted 35,610 equity shares of par value of Rs 2/- each to Bank of New York as Depository in connection with the issuance of 17,805 American Depositary Shares (ADSs) to the foreign based employees pursuant to the exercise of ADR linked Options granted to them under the Companys Stock Option Plan.