Outcome of Board Meeting held on October 4, 2017

October 05, 2017

To

The London Stock Exchange

10 Paternoster Square

London

EC4M 7LS

Dear Sirs,

Sub: Outcome of the Board Meeting held on October 04, 2017

Please be informed that the agenda item stated hereunder was discussed and approved at the Board Meeting held on October 04, 2017.

· Re-appointment of Mr. Surjeet Singh as the Managing Director & CEO of the Company, w.e.f October 5, 2017 until March 31, 2018 as per the terms of appointment.

We request you to take the aforesaid notification on record.

Yours faithfully

For and on behalf of Subex Limited

Arjun Makhecha

Acting Company Secretary