CapitalNumbers Infotech Limited

1. Acquire new accounts and deepen key account relationships,

2. Attract, develop and retain highly-skilled employees to sustain our service quality and customer experience,

3. Strengthen existing partnerships and enter into new partnerships with Independent Software Vendors,

4. Selectively pursue strategic investments and expansions.

5. Focus on efficiency and optimal utilization of resources,

1. We derive a significant portion of our revenues from clients located in the United States of America and United Kingdom. Any adverse developments in these markets could adversely affect our business.

2. Exchange rate fluctuations may adversely affect our results of operations as significant portion of our revenues and some portion of our expenditure is denominated in foreign currencies.

3. Our business will suffer if we fail to anticipate and develop new services and enhance existing services in order to keep pace with rapid changes in technology and the industries on which we focus.

4. Our Company's success depends largely upon its skilled professionals and its ability to attract and retain these personnel. The industry where our Company operates is a highly skilled and technical employee intensive industry.

5. The Promoter Selling Shareholders, will receive the entire proceeds from the Offer for Sale. Our Company will not receive or benefit from any proceeds from the Offer for Sale.

6. We require certain approvals and licenses in the ordinary course of business and the failure to successfully obtain/renew such registrations would adversely affect our operations, results of operations and financial condition.

7. We may be unable to sufficiently obtain, maintain, protect, or enforce our intellectual property and other proprietary rights.

8. Our Company may be party to certain litigations and claims during the course of its business. Any adverse decision may make us liable to liabilities/penalties and may adversely affect our reputation, business and financial status.

9. Our insurance coverage may not be adequate to protect us against all potential losses to which we may be subject and this may have a material effect on our business and financial condition.

10. We may utilize a portion of the Net Proceeds to undertake inorganic growth for which the target has not been identified. In the event that our Net Proceeds to be utilized towards inorganic growth initiatives are insufficient for the cost of our proposed inorganic acquisition, we may have to seek alternative forms of funding.