May 10, 2013

Press Release No. 1

Clarification by Indus Fila Limited

Significant price movement has been observed in Indus Fila 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.

Indus Fila Limited has vide its letter inter-alia stated, "There are no events or information which includes price sensitive information that has been transacted by the company, in the recent past."