Virtusa pricing of initial public offering

Virtusa Corporation yesterday anno- unced the pricing of its initial public offering of 4,400,000 shares of its common stock at a price to the public of $14.00 per share.

All of these shares are being sold by Virtusa. The underwriters also have a 30-day option to purchase up to an additional 462,795 shares of common stock from selling stockholders and an additional 197,205 shares of common stock from Virtusa to cover over-allotments, if any.

Virtusa will not receive any proceeds from the sale of shares by the selling stockholders. Virtusa’s common stock began trading on the NASDAQ Global Market under the symbol “VRTU.”

J.P. Morgan Securities Inc. is acting as sole book-running manager for the offering, with Bear, Stearns & Co. Inc. as the lead manager, and Cowen and Company, LLC and William Blair & Company, L.L.C. serving as co-managers.

A copy of the final prospectus relating to the offering may be obtained by contacting the Prospectus Department of J.P. Morgan Securities Inc. at National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245.