1. Deloitte Consulting Offshore Technology Group – Joint Venture Press Conference July 18, 2001 ©2001 Deloitte Touche Tohmatsu and Deloitte Consulting.

2. Our Clients & Our People General Motors Hewlett Packard Vodafone Lucent Philip Morris Nestle Barclays Merrill Lynch Exxon Mobil Chevron Kaiser Permanente UK Post Deloitte Consulting has 12,000 consultants and 750 partners world- wide; Our revenues for the last fiscal year were at US$ 3 billion

3. Deloitte Consulting is organized around two fundamental dimensions... Industries Communications Consumer Business Financial Services Energy Health Care Manufacturing Public Sector Industries Communications Consumer Business Financial Services Energy Health Care Manufacturing Public Sector Competencies Strategy & Operations People Technology –Integrated Enterprise Solutions –Customer Relationship Management –Supply Chain Management –Technology Integration –Emerging Business Solutions –Offshore Development Competencies Strategy & Operations People Technology –Integrated Enterprise Solutions –Customer Relationship Management –Supply Chain Management –Technology Integration –Emerging Business Solutions –Offshore Development

4. The Deloitte Consulting Offshore JV Expand our IT services portfolio Become a full life-cycle IT consulting services provider Philosophy of being creative and innovative Be ahead of the curve Deliver industry-leading value to our clients Expand our IT services portfolio Become a full life-cycle IT consulting services provider Philosophy of being creative and innovative Be ahead of the curve Deliver industry-leading value to our clients A Joint Venture with an India-based IT firm was the best way for our Ecosystem to realize full value from the offshore model Alliances Solution Sets Lead Client Service Partners Vendors Industry Practices Competency Clients ALLIANCE FRAMEWORK The Deloitte Consulting Ecosystem

5. Our Offshore JV Team World class quality, infrastructure and delivery capability –CMM Level 5 Flexible and creative management team Similarity of core values Complementary capability Proven client qualifications and offshore expertise Experience in jointly delivering client services We explored multiple options … and have now structured a Joint Venture with Mastek to provide offshore IT services to our clients outside India

6. Our Offshore JV Team The JV Board includes 4 senior partners from Deloitte Consulting and 3 executives from Mastek JV CEO – Raj Joshi The JV will provide IT services to Deloitte Consulting and to DC’s clients globally The JV will be located in Mumbai and will use infrastructure and support services from Mastek The JV will leverage complementary capabilities of Deloitte Consulting and Mastek

7. Industry knowledge Functional Expertise IT Solutions Design & Delivery Business Process Depth Joint Venture Positioning ALLIANCE FRAMEWORK Deep Technical skills World-class development capability Application Maintenance Expertise Cost, Speed, Quality

8. Mastek Perspective Revenues – Size Profits Association – Image Experience of Large / Complex Projects Moving Up on Value Chain / Domain Expertise Learning : Systems / Processes / Practices / Methodologies