MATRIXLABS

News Verification : The media had reports that Mylan may come out with a delisting offer for Matrix and are looking at buying the residual stake. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated,"As on date Mylan Laboratories Inc.,USA is neither contemplating to buy residual stake nor delist the securities of the Company from the Stock Exchanges. Hen

News Verification : The media had reports on January 30, 2007 that Matrix Laboratories Limited may announce a buyback. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated, "The company confirms that as on date it is not contemplating a buy back of its securities."

News Verification : The media had reports that Matrix Laboratories Limited is likely to pick up some stake in Granules India Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated, "We deny the aforesaid news, as it is incorrect and baseless."

News Verification : The media had reports that US-based Mylan Laboratories is in advanced talks with promoters and private equity funds to buy a majority stake in Matrix Laboratories Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated, "We deny the said news item, as it is incorrect and baseless."

News Verification : The media had reports that Matrix Laboratories Limited is close to acquiring a Latin American contract research firm for $60 million. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated, "We explicitly clarify that the Company is not involved in any form of discussions with anyone for acquiring a contract research firm in Latin Americ

News Verification : The media had reports on February 09, 2006 that Teva is in the final stages of acquiring Matrix Laboratories Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated, "We expressly deny the article that Teva is in the final stages of acquiring the Company".

Clarification of News : The press had reports on February 18, 2005 that Matrix Laboratories Limited is to announce it's second patent bid shortly. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Matrix Laboratories Limited has vide its letter inter-alia stated, "We hereby confirm that the said press release that appeared in the press was not release by us and also confirm that the contents were not provided by us.

Clarification of News : The press had reports that Matrix Laboratories Limited is to announce it's second patent bid shortly. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Matrix Laboratories Limited.