BLACK BOX LIMITED — M&A Activity 2019

Jan 7, 2019

==> picture [130 x 70] intentionally omitted <==

AGC/SD/SE/2019/4

AGC Networks Limited Equinox Business Park Tower 1, Off BKC LBS Marg, Kurla (West) Mumbai 400 070 T - +91 22 6661 7300 www.agcnetworks.com

January 7, 2019

To,

	Corporate Relationship DepartmentBombay Stock Exchange LimitedP.J. Towers,Dalal Street, Fort,Mumbai - 400 001	Corporate Relationship DepartmentNational Stock Exchange LimitedExchange Plaza, Bandra Kurla Complex,Bandra East,Mumbai 400051

Dear Sir,

Sub.: Intimation under Regulation 30 (2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - update

Ref.: Scrip code BSE: 500463/NSE: AGCNET

We refer to our intimation vide letters no. AGC/SD/SE/2018/60 dated November 12, 2018, AGC/SD/SE/2018/64 dated November 23, 2018 and AGC/SD/SE/2018/70 dated December 21, 2018 with respect to the execution of merger agreements for acquisition of Black Box Corporation by AGC Networks Pte. Limited, Singapore ("AGC Singapore") wholly-owned Subsidiary of the Company.

We wish to inform you that the Company has received notice at around 21:15 Hours Indian Standard time on 7 January 2019, that newly-formed, wholly owned subsidiary of AGC Singapore has completed the acquisition of Black Box Corporation (NASDAQ: BBOX), a leading digital solutions provider, as intimated earlier in our previous filings referred above. The previously announced tender offer expired at the end of the day on Friday, January 4, at which time 9,126,005 shares of Black Box common stock (excluding shares tendered by guaranteed delivery) had been validly tendered and not withdrawn pursuant to the tender offer, representing approximately 59.89% of the outstanding shares.

As a result of the tender offer, and the subsequent merger which was completed this morning USA time, Black Box Corporation will become a private company and, as of today, its shares of common stock will no longer be publicly traded. This will result in Black Box Corporation becoming a 100% Stepdown subsidiary of AGC Singapore as a result of this process.

Registered Office: Equinox Business Park, Tower 1, Off BKC, LBS Marg, Kurla (West), Mumbai - 400 070, Maharashtra, India CIN: L32200MH1986PLC040652

T +91 22 6661 7300 F +91 22 6704 5888

==> picture [130 x 70] intentionally omitted <==

The attached is the press release, issued today as a Global Newswire with respect to the aforesaid completion of the acquisition, for your information and record.

Thanking You,

Yours Faithfully For AGC Networks Limited

Digitally signed by Aditya Aditya GoswamiDN: cn=Aditya Goswami, c=IN, o=AGC Goswami Networks Limited Date: 2019.01.07 22:02:41 +05'30'

Aditya Goswami Company Secretary & Compliance Officer Encl: As above

==> picture [346 x 44] intentionally omitted <==

==> picture [93 x 46] intentionally omitted <==

==> picture [93 x 31] intentionally omitted <==



==> picture [556 x 219] intentionally omitted <==