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None of exhibits about scorpions the board scorpians shows members, past or present, had anyknowledge of the situation in which the company is placed. Evenbusiness leaders and senior executives in the company, such as,Ram Mynampati, Subu D, T.R Anand, Keshab Panda, VirenderAgarwal, A.S Murthy, Hari T, S.V. Krishnan, Vijay Prasad,Manish Mehta, Murali V, Sriram Papani, Kiran Kavale, JoeLagiola, Ravindra Penumetsa; Jayaraman and Prabhakar Gupta areunaware of the real situation as against the books of accounts.None of my or Managing Director’s immediate or extended familymembers has any idea about these issues. Having put these facts before you, I leave it to the wisdomof the board to take the matters forward. However, I am alsotaking the liberty to recommend the following steps: 1. A Task Force has been formed in the last few days toaddress the situation arising out of the failed Maytasacquisition attempt Scorpions tickets – the-scorpions .

This consists of some of the mostaccomplished leaders of Satyam:, Subu D, T.R alien nation scorpions . Anand, KeshabPanda and Virender Agarwal, representing business functions,and A.S Murthy, Hari T and Murali V representing supportfunctions scorpions “world wide live . I suggest that Ram Mynampati be made the Chairman ofthis Task Force to immediately address some of the operationalmatters on hand Ram can also act as an interim CEO reportingto the board 2 scopions . Merrill Lynch can be entrusted with the task of quicklyexploring some Merger opportunities 3 skorpions . You may have a restatement of accounts’ prepared by theauditors in light of the facts that I have placed before you Scorpions tickets . I have promoted and have been associated with Satyam forwell over twenty years now Scorpions – wikipedia .

I have seen it grow from few peopleto 53,000 people, with 185 Fortune 500 companies as customersand operations in 66 countries baby scorpions . Satyam has established anexcellent leadership and competency base at all levels scorpins . Isincerely apologize to all Satyamites and stakeholders, whohave made Satyam a special organization, for the currentsituation escorpions . I am confident they will stand by the company inthis hour of crisis white dove scorpions . In light of the above, I fervently appeal to the board tohold together to take some important steps Mr T.R.

Prasad iswell placed to mobilize support from the government at thiscrucial time . With the hope that members of the Task Force andthe financial advisor, Merrill Lynch (now Bank of America) willstand by the company at this crucial hour, I am marking copiesof this statement to them as well when the smoke is going down . Under the circumstances, I am tendering my resignation asthe chairman of Satyam and shall continue in this position onlytill such time the current board is expanded lady starlight . My continuance isjust to ensure enhancement of the board over the next severaldays or as early as possible . l am now prepared to subject myself to the laws of the landand face consequences thereof (B Ramalinga Raju) Copies marked to: 1 Chairman SEBI 2 Stock Exchanges ($1=48.6 rupees) Stocks.

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