Advisor to 3i Infotech on the Sale of Its Oracle E-Commerce Implementation Business to Zensar Technologies.

Professional Access Software Development Pvt. Ltd, a step down subsidiary of 3i Infotech Limited (the “Company”), has completed a transaction for the sale of its entire business undertaking to Zensar Technologies Ltd. by way of a slump sale in an all cash deal. Further, in another transaction, 3i Infotech Holdings Pvt. Ltd., a Mauritius based subsidiary of the Company, has completed the transaction for the divestment of its stake in Professional Access Ltd. and has sold its entire shareholding to Zensar Technologies Inc. for a cash consideration

Professional Access is one of the largest Oracle E-Commerce implementation experts globally, with presence in US, UK, Latin America, Middle East and Africa. It provides end-to-end e-commerce consulting & technology solutions to several Fortune-500 retailers, telecom giants & others.

The transaction marks an end to the Company’s ownership by 3i Infotech, under whose leadership the company grew from strength to strength over the last several years. The management team of Professional Access will continue to manage day-to-day operations.

Avendus Capital was the exclusive financial and strategic advisor to 3i Infotech for this transaction.

Deal Value

Undisclosed

Service

Mergers & Acquisitions

Sector

Enterprise Technology & Services

Date

August 2014

This transaction is in line with our overall strategy of maximizing shareholder value by focusing on our core businesses. Our best wishes with Zensar & the management team at Professional Access for the future.

Charanjit Attra,

Executive Director & Global Chief Financial Officer at 3i Infotech

This transaction reflects the strong interest in assets providing e-commerce & digital transformation services. I am excited about Avendus’ ability to deliver transaction solutions to our clients combining its insight into the industry and leveraging its relationships with global companies and funds.

Gaurav Deepak

Co-founder & CEO, Avendus

About 3i Infotech | Professional Access | Zensar Technologies

Incorporated in 1993, 3i Infotech is a public global Information Technology company committed to Empowering Business Transformation. A comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI). Furthermore it offers solutions to the government, manufacturing, retail, distribution, telecom and healthcare sectors. Among its repertoire of IPR based solutions the flagship products of the Company are Premia, MFund, Orion, Kasle ULS, Amlock and RhymeSight. The Company is also focused on value added services such as business intelligence & analytics services, infrastructure management services, testing & compliance, application development & maintenance, consulting and its BPO offerings. The Company, headquartered in Mumbai, India has over 9,000 employees in more than 27 offices across 12 countries and over 1500 customers in more than 50 countries across 5 continents.

Headquartered in the US, Professional Access is one of the oldest and largest focused Oracle ECommerce partners globally. With its strong and deep domain expertise & experience of completing over 180 successful deployments, it is the preferred partner for large, complex implementations of Oracle ATG & other E-Commerce technologies. It has global delivery capabilities & has completed implementations in US, UK, Middle East, South Africa, South America & Asia

Zensar Technologies is a technology services provider to global organizations looking to strategically transform, grow, and lead in today’s challenging business environment. It is now leading the way in powering nextgeneration enterprises with its cloud, mobility and social media solutions. Backed by a strong track-record of innovation, nearly 6,500+ associates and footprint in more than 20 global locations, Zensar’s comprehensive range of software services and solutions enable its 400+ forward-looking customers to cross new thresholds of business performance. The Company has a services portfolio that ranges from the traditional to the transformational - across service lines of Management Consulting, Business Application Services, Enterprise Solutions, Enterprise Collaboration Services, Testing and Assurance Services, BPM and Infrastructure Management Services. Zensar’s experience across industries of Retail, Manufacturing, Insurance, Banking, Healthcare and others translate into a differentiated value proposition and faster time-to-market for clients.