February 28, 2015

Press Release No. 1

Clarification by Logix Microsystems Limited

Significant price movement has been observed in Logix Microsystems 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.

Logix Microsystems Limited has vide its letter inter-alia stated, "There is no information/announcement (including impending announcement) which in our opinion may have a bearing on the price/volume behavior in the scrip."