Issue of Shares

15 May 2013

Toumaz Limited

("Toumaz" or the "Company")

Issue of Shares under the Toumaz Employee Long Term Incentive Plan

Toumaz Limited (AIM: TMZ), a pioneer in low cost, ultra-low power wireless technologies for a wide range of markets including medical monitoring and internet connected consumer devices, announces that on 15th May 2013, the Company's employee benefit trust ("EBT"), together with participating employees and directors of the Company , jointly subscribed for 6,446,914 new ordinary shares of 0.25p each in the capital of the Company ("Ordinary Shares") at a price of 0.25p per Ordinary Share ("JSOP Shares") under the joint share ownership schedule to the Toumaz Employee Long Term Incentive Plan ("JSOP") details of which were announced on 25 January 2013.

Application has been made for the 6,446,914 JSOP Shares to be admitted to trading on AIM expected to be effective on 21st May 2013. The JSOP Shares on exercise will rank pari passu in all respects with the existing Ordinary Shares, other than as set out above.

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About Toumaz (www.toumazltd.com)

Toumaz is a pioneer in low cost, ultra-low power wireless technologies for a wide range of markets including medical monitoring and internet connected consumer devices. The recent acquisition of Frontier Silicon brings operational scale and expertise together with a leadership position in digital and networked audio markets.