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Update - Upaid Files Motion

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  UPDATE: Upaid Files Motion to Request Depositions of Top Satyam Executives in Connection with Maytas Transaction Asset-Stripping Attempt in Advance of Texas Trial Judgment

LONDON--December 19 2008--Further to the announcement issued yesterday, Upaid confirms it has filed the motion in Collin County, Texas district court requesting depositions from top Satyam executives.  The full text of the motion is now available. To view the document click here.

Upaid's earlier press release announcement is available here.

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