Subex Ltd.

Subex has informed that the committee of the board of directors of the company has granted 6,800 ESOPs to its employees at a price of Rs. 11.74 per option in accordance with the terms and conditions, including vesting period and exercise period, under the Employee Stock Option PIan-2005 of the company and Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

The above information is a part of company’s filings submitted to BSE