Endace Limited : Emulex Offer for Endace Shares Extended to 26 March 2013

Endace Limited ("Endace" or the "Company") Emulex Offer for Endace Shares Extended to 26 March 2013 Status of Takeover Offer Acceptances Status of Cancellation of Admission of Endace Shares Change of Endace Balance Date to 30 June 2013

Endace (AIM:EDA.L), a leading supplier of network visibility infrastructure products, a controlling interest in which is indirectly held by Emulex Corporation, announces that Emulex has provided a notice that the offer period for Emulex's cash Offer of 500 pence per Endace share has been extended by 14 days, to 1 p.m. London time on 26 March 2013.
The 21 December 2012 Takeover Offer for the Company by Emulex Corporation (through its wholly owned subsidiary El Dorado Research Ventures Limited) was previously declared wholly unconditional and the Offer Period was extended through 1 p.m. 12 March 2013. The receiving agent has reported that as of 1 p.m. 8 March 2013, 195 acceptances have been received for a total of 13,629,988 shares, which is 89.55 percent of the 15,220,068 shares of Endace outstanding. Emulex has commenced payment for, and has beneficial ownership of, these shares. The receiving agent reported that there are 27 non- acceptors who hold a total of 1,590,080 shares, which is 10.45 percent of the 15,220,068 shares of Endace outstanding. An application was made to cancel the admission of the Endace shares on AIM, and such cancellation will take effect at 7.00 a.m. on 27 March 2013 following which time the Endace shares will cease to be admitted to trading on AIM.
An application has been made pursuant to Section 7 of the New Zealand Financial Reporting Act of
1993 (NZFRA) to change the 2013 balance date for Endace from 31 March 2013 to 30 June 2013, in order to make the balance date the same as the Emulex fiscal year which ends on the Sunday nearest to June 30. The 2012 Endace balance date was 31 March 2012, and therefore the period between the 2012 balance date and the changed 2013 balance date is 15 months, as is permitted by Section 7 of the NZFRA.

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Emulex Investor Contact: Endace Press/Investor Contact:

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