Operational Highlights- "Our fourth quarter results

reflect solid execution in a rapidly evolving business environment," said Syntel CEO and President Prashant Ranade. "While we faced some challenges this quarter, healthy growth in our recurring revenue businesses and improving business efficiency helped us navigate through them." "We will maintain our customer centricity and drive growth in the verticals we serve with our domain-led solutions," said Ranade. "We are optimistic about the opportunities before us, given our positioning within the end markets we serve and our high-quality customer relationships." "We continue to see an expanding role for global delivery in the years ahead and plan to invest in our capabilities to provide innovative solutions, which will help us garner growth that meets or exceeds overall market growth." 2013 Guidance- Based on current visibility levels and an exchange rate assumption of 53 Indian Rupees to the dollar, the Company currently expects 2013 revenue of $780 to $810 million and EPS in the range of $4.15 to $4.45. Syntel to Host Conference Call - Syntel will discuss its fourth quarter and full year 2012 results today on a conference call at 10:00 a.M. (EST). To listen to the call, please dial (877) 837-3915 in the US/Canada or (973) 638-3495 internationally. The call will also be broadcast live via the Internet at Syntel's web site: investor.Syntelinc.Com [http://www.Globenewswire.Com/newsroom/ctr?d=10021724&l=18&a=i nvestor.Syntelinc.Com&u=http%3A%2F%2Finvestor.Syntelinc.Com%2] . Please access the site at least 15 minutes prior to the call to register and download any necessary software. A replay will be available until February 21, 2013 by dialing (855) 859-2056 and entering "98221987". International callers may dial (404) 537-3406 and enter the same passcode. About Syntel Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of December 31, 2012, Syntel employed more than 21,000 people worldwide. To learn more, visit us at: www.Syntelinc.Com [http://www.Syntelinc.Com ]. Safe Harbor Provision- This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2011, the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2012 or from other factors not currently anticipated. Confidential: This electronic message and all contents contain information from Syntel, Inc. Which may be privileged, confidential or otherwise protected from disclosure. The information is intended to be for the addressee only. If you are not the addressee, any disclosure, copy, distribution or use of the contents of this message is prohibited. If you have received this electronic message in error, please notify the sender immediately and destroy the original message and all copies. Primary Media Contact: Vivek Nair, team@paradigmshiftpr.In, 91-9833115116. Secondary Media Contact: Alpesh Nakrani, team@paradigmshiftpr.In, 91-9869121167. Source: Syntel, Inc. PRN VSS 02181418 NNNN