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Watson Wyatt and Sidat Hyder form Consulting Alliance

KARACHI – January 06, 2007 – Watson Wyatt, a leading global consulting firm and Sidat Hyder, the Pakistan-based consulting firm, have agreed to form a strategic alliance.

The alliance gives Watson Wyatt, already one of the world's leading actuarial and human resources consultants, a significant presence in Pakistan. the alliance provides Sidat hyder and its clients, access to Watson Wyatt's global expertise and experience.

Established in 1986, Sidat Hyder is a highly-regarded professional services firm in Pakistan provides a wide range of human resources, actuarial and IT services to leading local and multinational organizations.

“This is an exciting opportunity for us as it further enhances our ability to offer seamless consulting services around the world to our multinational clients,” said Simon Gilliat, Global Directory of Watson Wyatt's international consulting practice.

“We are very please to form this strategic alliance with Watson Wyatt,” said Omer Morshed, Chief Executive of Sidat Hyder. “it allows us and our clients to gain from Watson Wyatt's international experience and knowledge.”

About Sidat Hyder: Sidat Hyder is a well-established Pakistan-based management consulting, technology services, outsourcing practice and professional services firm. In existence since 1986, it provides a range of products and services to clients that hail from various sectors and include government, multinational and large scale local organizations. It has office in Karachi, Lahore, Islamabad and Dubai and is located on the web at www.sidathyder.com.pk.

About Watson Wyatt: Watson Wyatt (NYSE: WW) is the trusted business partner to the world's leading organizations on people and financial issues. The firm's global services include: managing the cost and effectiveness of employee benefit programmes, developing attraction, retention and reward strategies, advising pension plan sponsors and other institutions on optimal investment strategies, providing strategic and financial advice to insurance and financial services companies and delivering related technology, outsourcing and data services. Watson Wyatt has 6,000 associates in 30 countries and is located on the web at www.watsonwyatt.com.

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