December 31, 2013
The Manager
Compliance Department
National Stock Exchange of India Limited
'Exchange Plaza' Bandra Kurla Complex, Bandra (East)
Mumbai- 400 051

Ref: Symbol: HOVS Subject: Intimation under Clause 36 of the Listing Agreement

Dear Sir,
In accordance with the provisions of the Listing Agreement, t he Company would like to report the appointment of Morgan Stanley & Co LLC by SourceHOV LLC to explore various strategic options. The Company through its US based wholly owned subsidiary (WOS) owns stake in SourceHOV LLC.
Such appointment of Morgan Stanley & Co LLC has been approved by SourceHOV on December 29, 2013 and the Company is now intimating the Stock Exchange in terms of the requirements under the Listing Agreement.
Request you to kindly take the above on record. Thanking you,

For HOV Services Limited
Bhuvanesh Sharma

VP-Corporate Affairs & Company Secretary HOV Services Limited

RegdOffice : 3rd Floor, Sharda Arcade, Pune Satara Road, Bibwewadi Pune - 411 037, Maharashtra, INDIA Tel: 91 -20 24221460, Fax: 91-20 24221470, www.hovsltd.com



December 31, 2013
The Manager-Compliance Department
Bombay Stock Exchange Limited Floor 25, P.J. Tower, Dalal Street, Mumbai 400 001

Ref: Scrip Code: 532761 Subject: Subject: Intimation under Clause 36 of Listing Agreement

Dear Sir,
In accordance with the provisions of the Listing Agreement, the Company would like to report the appointment of Morgan Stanley & Co LLC by SourceHOV LLC to explore various strategic options. The Company through its US based wholly owned subsidiary (WOS) owns stake in SourceHOV LLC.
Such appointment of Morgan Stanley & Co LLC has been approved by SourceHOV on December 29, 2013 and the Company is now intimating the Stock Exchange in terms of the requirements under the Listing Agreement.
Request you to kindly take the above on record. Thanking you,

For HOV Services Limited
Bhuvanesh Sharma

VP-Corporate Affairs & Company Secretary HOV Services Limited

RegdOffice : 3rd Floor, Sharda Arcade, Pune Satara Road, Bibwewadi Pune - 411 037, Maharashtra, INDIA Tel: 91 -20 24221460, Fax: 91-20 24221470, www.hovsltd.com

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