Financial information for the Second Quarter ended September 30, 2003

Financial statements prepared in accordance with Indian Generally Accepted Accounting Principles (Indian GAAP)

Infosys

• Balance Sheet, Profit & Loss Account, Cash Flow statement, Schedules 1 - 10 to the Balance Sheet, Schedules 11 - 15 to the Profit & Loss Account, Schedules 16 - 21 to the Cash Flow statement
• Notes on Accounts (Schedule 22)
• Auditors Report

Infosys Consolidated

• Balance Sheet, Profit & Loss Account, Cash Flow statement, Schedules 1 - 11 to the Balance Sheet, Schedules 12 - 16 to the Profit & Loss Account, Schedules 17 - 22 to the Cash Flow statement Balance Sheet, Profit & Loss Account, Cash Flow statement
• Notes on Accounts (Schedule 23)
• Auditors Report on Consolidation