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Press release from GlobeNewswire (a Nasdaq OMX company)

Syntel's Board of Directors Declares Regular Dividend

Wednesday, August 29, 2012

Syntel's Board of Directors Declares Regular Dividend11:00 EDT Wednesday, August 29, 2012TROY, Mich., Aug. 29, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Syntel (Nasdaq:SYNT) has declared a regular quarterly dividend of six cents ($0.06) per share, on Syntel's common stock, payable on October 15, 2012 to holders of record at the close of business on September 28, 2012.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 June 30, 2012, Syntel employed more than 20,000 people worldwide. To learn more, visit us at: 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 June 30, 2012 or from other factors not currently anticipated.Contacts Syntel (North America/Europe): Jon Luebke, (248) 619-3503, jon_luebke@syntelinc.com Syntel (Asia/Pacific): Sikta Samantaray, +91 9167512186, sikta_samantaray@syntelinc.com