March 06, 2014

Press Release No. 1

Clarification by Star Ferro and Cement Limited

Significant price movement has been observed in Star Ferro and Cement 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.

Star Ferro and Cement Limited has vide its letter inter-alia stated, "In recent past there has been no significant event requiring reporting and which may have bearing on the price of the Company's scrip."