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Syntel to Announce Fourth Quarter/Full Year 2004 Results on February 23, 2005

TROY, Mich., January 24, 2005 -- Syntel, Inc. (SYNT), a global Applications Outsourcing company, will announce results for the fourth quarter and the full year 2004, before the market opens on Wednesday February 23, 2005.

Syntel management will conduct a conference call at 10:00 a.m. (EST) to discuss operating performance for the quarter. To participate in the conference call, participants in the U.S./Canada should dial (888) 689-9220. International callers should dial (706) 645-0118.

The conference call will also be available live via the Internet by accessing the Syntel web site. Please access the site at least fifteen minutes prior to the call to register, download and install any necessary software. For those who cannot access the live broadcast, a replay will be available by dialing (800) 642-1687 and entering "3339216" from 1:00 p.m. on February 23, 2005 until midnight on March 2, 2005. International callers may dial (706) 645-9291 and enter the same passcode.