Notice of AGM

May 27, 2015

To

The London Stock Exchange

10 Paternoster Square

London

EC4M 7LS

Dear Sir/Madam,

Sub: Updates-The Twenty First Annual General Meeting of Subex Limited ('the Company')

Please be informed on the following disclosures of the Company:

Ø The Twenty First Annual General Meeting of Subex Limited ('the Company') will be held at the registered office situated at RMZ Ecoworld, Outer Ring Road, Devarabisanahalli, Bangalore - 560037 on Friday, the 19th day of June 2015 at 1 PM.

Ø The Register of Members and Share Transfer Books will remain closed from June 12, 2015 to June 19, 2015 (both days inclusive). Please note that this is an annual book closure and does not relate to any dividends or other announcements.

Ø In compliance with provisions of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Amendment Rules, 2015, the Company is pleased to provide members' facility to exercise their right to vote at the 21st Annual General Meeting (AGM) by electronic means and the business may be transacted through e-Voting Services provided by NSDL. The voting rights of Shareholders shall be in proportion to their shares of the paid up equity share capital of the Company as on, Friday, June 12, 2015 (record date).

Ø The e-voting period commences on June 16, 2015 (9:00 AM) (IST) and ends on June 18, 2015 (5:00 PM) (IST).

Ø For the Notice of the 21st AGM, please refer the following URL: http://www.subex.com/wp-content/uploads/2014/02/subex-agm-notice.pdf

We request you to take the aforesaid notification on record.

For Subex Limited

Ganesh K V

Chief Financial Officer, Global Head - Legal and Company Secretary