Thinksoft Global Services Ltd: Disclosure under Clause 53 of the Listing Agreement

Thinksoft Global Services Ltd has informed BSE that the Company had entered into the following Agreements:

- Yorke Communication Private Ltd on April 01, 2011 for marketing services which include advertising and publicity. The Agreement is valid till for one year i.e., March 31, 2012 and may be renewed thereafter on mutual consent; and

- Pressman Advertising Ltd for Public relation services which are in the nature of advertising and publicity from April 01, 2011. The Agreement is valid till for one year i.e. March 31, 2012 and may be renewed thereafter on mutual consent.

The Company further confirms that:

1. Neither of the above Companies nor any of their associates have any shareholding in the Company.

2. None of the person from the above media companies appointed any nominee Director on the Board of the Company; or,

3. There is no management control or any potential conflict of interest arising out of these agreements.

4. Except as provided hereinabove, the Company has not entered into any other back to back treaties / contracts / agreements / MoUs or similar instruments with media companies and / or their associates for the purpose of advertising, publicity, etc.