[Logo] SILVERLINE February 13, 2002 VIA EDGAR Division of Corporation Finance Securities and Exchange Commission Judiciary Plaza 450 Fifth Street, N.W. Washington, D.C. 20549 Attention: Maria Bianchini Re: Silverline Technologies Limited (the "Registrant") Registration Statement on Form F-3 (No. 333-81132) Form RW--Application for Withdrawal --------------------------------------------------- Dear Ms. Bianchini: Pursuant to Rule 477(a) promulgated under the Securities Act of 1933, as amended, the Registrant hereby requests that its Registration Statement on Form F-3 (Registration No. 333-81132), together with all exhibits thereto (the "Registration Statement") be withdrawn at this time. The Registration Statement was filed with the Securities and Exchange Commission (the "Commission") on January 22, 2002. Pursuant to the Registration Statement, the Registrant proposed to register American depositary shares. The Registrant has determined not to issue registered American depositary shares at this time. The Registration Statement has not been declared effective by the staff of the Commission and no securities were sold pursuant to such Registration Statement. Should you have any questions regarding this matter, please do not hesitate to contact our counsel, Mr. Rajiv Khanna, at (212) 801-9268. Very truly yours, SILVERLINE TECHNOLOGIES LIMITED By:/s/Ravi Subramanian --------------------------------- Ravi Subramanian Executive Chairman cc: Rajiv Khanna, Esq., Greenberg Traurig, LLP Silverline Technologies Ltd. Kolshet Road Dhokali, Thane (West) 400 607 INDIA p +91.22.5338160 f +91.22.5365771 www.silverline.com