July 04, 2014

Press Release No. 1

Clarification by Lovable Lingerie Limited

Substantial increase in trading volumes have been observed in Lovable Lingerie Limited.

The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

Lovable Lingerie Limited has vide its letter inter-alia stated,"We would like to inform you that we do not have any abnormal event or announcement to be intimated, which can have a bearing on the price/ volume traded of the security. We have complied with all the regulatory requirements so far and no price sensitive information is concealed that would impact the Company's performance or its stock price."