Rahul Bindal to quit Logitech

Rahul Bindal, Country Manager of Logitech is on his way out, according to market sources. The end of June will probably be
this last day at Logitech (India). Rahul was not available to comments about this development.

According to sources, Rahul's decision to leave the company was his own and he is leaving the company on a "positive note", possibly to move on for better prospects. While, the exact reasons for Rahul's decision to leave the company is not known, Logitech sources
has confirmed the news. The official confirmation of Rahul's exit is expected from the head-office in a week's time.

Rahul was appointed Logitech Far East's Country Manager for India on August 11, 2003. Since then, he has been in charge of the sales and marketing operations for the Indian subcontinent.

Under his leadership, Logitech's Indian liaison office was converted into a 100% subsidiary.

NELSON JOHNY

MUMBAI