Polaris recommends Total Dividend of 100%

Chennai, India - 12 October 2012

Based on Audited Financial Results for 31st March FY12

Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology Company, today announced that the Board has recommended its’ final dividend based on the audited financial results for 31st March FY12.

The Board has recommended a final dividend of 60% (Rs. 3 per share) totaling 100% dividend ( including interim dividend of 40%) for the financial year 31st March 2012.

There is no change in the net profit and EPS (consolidated results) in the Audited Financial Results declared now as against the unaudited results declared in April 2012.

Optimus scheme of arrangement (demerger), as approved by High Court of Madras, has been given effect in the audited financial results from 1st October 2011.

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