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Intelligroup, Inc. Securities Litigation

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Intelligroup, Inc. (OTCBB: ITIG) shareholder litigation in connection with alleged
unfair takeover offer

On June 14, 2010, Intelligroup, Inc. (“Intelligroup” or the “Company”) announced that it
had agreed to sell the Company to NTT DATA Corporation (“NTT DATA”). Under the
terms of the transaction, Intelligroup shareholders will receive $4.65 in cash for each
Intelligroup share of common stock they own for a total transaction value of
approximately $199 million.

The investigation concerns whether the Intelligroup Board of Directors breached their
fiduciary duties to Intelligroup stockholders by failing to adequately shop the Company
before entering into this transaction and whether NTT DATA is underpaying for
Intelligroup shares, thus unlawfully harming Intelligroup stockholders. In connection
with the offer, SB Asia Infrastructure Fund, LP and Venture Tech Assets Private Ltd,
that collectively hold approximately 63% of the Company's outstanding common stock,
have agreed to tender their shares into the offer.

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