MANGALORE REFINERY and PETROCHEMICALS LTD. - Clarification

With reference to Increase in volume of trading in MRPL shares, Mangalore Refinery and Petrochemicals Ltd has Clarified to BSE as under:<br/><br/>"the data retrieved from the exchange/s revealed that there was an unprecedented increase in the volume / trades of MRPL shares on April 23, 2014, for which MRPL has no role as such.<br/><br/>We have been complying with all Clauses of Listing Agreement particularly Clause 36 by intimating all price sensitive information to the Stock Exchange/s on priority basis before making it public. The last such intimation was made to the Stock Exchanges on April 03, 2014, regarding on-stream of Delayed Coker Unit, at MRPL.<br/><br/>We confirm that there is no information / announcement including impending announcement is available with us, which may have bearing on the price / volume behavior in the MRPL shares. The unprecedented growth in the volume / trade of MRPL shares in the past was beyond the control of MRPL."