TALLUSPIN Corporate Disclosure — 26 June 2014

(Continuation of news of TALLUSPIN): But unfortunately, in spite of all our tremendous efforts we are yet to get the sanction of required additional load of natural gas for implementing the expansion unit and we cannot even tell at this moment when we will get the sanction. In the face of above uncertainty for availing required additional natural gas which is the prime determinant of running a big manufacturing concern, we are now not in a position to implement the shareholders' decisions regarding right issue as were taken in the General Meeting held on December 20, 2013. (cont.2)