Hyderabad (India), March 01, 2007 Cambridge Technology Enterprises Ltd. (BSE: 532801 & NSE: CTE), a system integrator which focuses on building and integrating business applications for broad transformation needs of global enterprises across various industry verticals, will announce both the consolidated & standalone un-audited financial results of Q2 FY 07 & Q3 FY07 in the evening of March 07, 2007 (IST).

For further information contact:

Y Ramesh Reddy –Chief Financial Officer

T N Kannan – Company Secretary & Compliance Officer
e- mail : ipo@ctepl.com

About CTEL

Cambridge Technology Enterprises Limited (CTEL) is a thought leader, innovator, and a leading provider of comprehensive SOA-based solutions and Enterprise Transformation applications. A SEI CMMi Level 5 company, CTEL, with its Center of Innovation located in Cambridge, Massachusetts, US, provides revolutionary solutions on budget and on time.

Cambridge Technology Enterprises Limited offered its shares to the Public at a price of Rs.38 per share including a premium of Rs.28 per share in the Initial Public Offer which opened on 29th December 2006 and closed on 9th January 2007. The Company received good response for the IPO and the issue was subscribed 6.43 times. The Company’s shares were listed on the Stock Exchange Mumbai (BSE) and National Stock Exchange of India Limited (NSE) on 7th February 2007. The Company is declaring its maiden results after listing for the second and third quarter of FY 2007.

For more information, please visit www.ctepl.com, or e-mail us at info@ctepl.com.