Financial information for the First Quarter June 30, 2004

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 for the quarter ended June 30, 2004
• Notes on Accounts (Schedule 22) for the quarter ended June 30, 2004
• Auditors Report for the quarter ended June 30, 2004

Infosys Consolidated

• Consolidated 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 for the quarter ended June 30, 2004
• Consolidated Notes on Accounts (Schedule 22) for the quarter ended June 30, 2004
• Consolidated Auditors Report for the quarter ended June 30, 2004