Future Lifestyle Fashions : General updates

To,

Dept. of Corporate Services (CRD) BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Listing Department

Date: 26 April 2022

The National Stock Exchange of India Limited Exchange Plaza,

Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051.

Scrip Code: 536507

Debt Scrip Code: 957150

Dear Sir / Madam,

Sub.: Clarification

/Confirmation

Scrip Code: FLFL

onnewsitemappearinginhttps://economictimes.indiatimes.comon 25 April 2022

We refer your email dated 26 April 2022 seeking clarification on the news item, "FLF plans to sell off a few fashion brands in its portfolio to raise Rs 1,000 crore", appearing inhttps://economictimes.indiatimes.com on 25 April 2022. We would like to clarify that:

All information /announcement to be provided in accordance with the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, concerning matters prescribed therein, are intimated to the Stock Exchanges within the prescribed timeline pursuant to decisions taken by the Board of Directors of the Company.

The Company in the course of its business, explores and evaluates various possibilities, which are always a subject matter of further feasibility studies and the need for requisite consents in accordance with the applicable laws.

At present, there has been no such decision taken by the Board of Directors of the Company, which should have been announced by the Company in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kindly note the same and acknowledge the receipt.

Thanking you.

Yours truly,

For Future Lifestyle Fashions Limited

Sanjay Kumar Mutha Company Secretary

Future Lifestyle Fashions Limited

Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060.

P+91 22 4055 2200, F+91 22 4055 2201,www.futurelifestyle.in

CIN: L52100MH2012PLC231654