Cyber Tech - Grant of Stock Options under ESOP 2007

• Security Code: 532173
• Company: CYBERTECH

Cyber Tech Systems & Software Ltd has informed BSE that Remuneration Committee of the Company at its meeting held on June 23, 2008 granted Stock Options to Directors / Employees of the Company and Subsidiary Company under Employees Stock Option Plan 2007 (ESOP 2007) at an issue price of Rs 17.95 per equity share as under:

1. Mr. Ravi Rangan (CSSI employee)
- No of ESOPs Granted : 200,000

2. Mr. Rao Papineni (CSSI employee)
- No of ESOPs Granted : 75,000

3. Mr. Hanu Ravu (CSSI employee)
- No of ESOPs Granted : 50,000

4. Mr. Yuvraj Mathur (CSSI employee)
- No of ESOPs Granted : 75,000

5. Mr. Vikas Shrivastava (CSSI employee)
- No of ESOPs Granted : 50,000

6. Mr. Sanjay Lala (CSSI emploee)
- No of ESOPs Granted : 20,000

7. Mrs. Kumuda Patel (CSSI employee)
- No of ESOPs Granted : 20,000

8. Mr. Ambadas Bhore (CSSL employee)
- No of ESOPs Granted : 50,000

9. Mr. Avijit Laha (CSSL employee)
- No of ESOPs Granted : 20,000

10. Mr. C N Rao (Executive Director)
- No of ESOPs Granted :100,000

11. Mr. A V Rajwada (Director)
- No of ESOPs Granted : 50,000

12. Mr. Arun Shah (Director)
- No of ESOPs Granted : 50,000

13. Mr. Prakash Kenjale (Director)
- No of ESOPs Granted : 50,000