Future Enterprises : Board Meeting

Future Enterprises Ltd.

To,

Department of Corporate Services BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 523574 / 570002

To,

Listing Department

National Stock Exchange of India Limited Exchange Plaza, Sandra Kurla Complex, Bandra (East), Mumbai - 400 051

Scrip Code : FEL I FELDVR

Dear Sirs,

Ref: Regulation 29(1) (a) and (e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBIRegulations").

A meeting of the Board of Directors of the Company is scheduled to be held on Friday, 19th May, 2017

inter-alia,

1. to consider and approve the audited standalone financial results of the Company for the quarter and financial year ended 31st March 2017;

2. to consider and approve the audited consolidated financial results of the Company for the financial year ended 31st March 2017;

3. to consider and recommend dividend, if any, for the financial year ended 31st March 2017.

Further, for the aforesaid purpose, pursuant to Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders, the Trading Window for dealing in the securities of the Company will remain closed from 13th May, 2017 to 21st May, 2017 (both days inclusive) for designated employees including promoter group and Directors of the Company. The trading window shall open from 22nd May, 2017.

Kindly take the above information on your records. for Future Enterprises Limited

4 ._,

(Formerly known as Future Retail Limited)

Deepak Tanna Company Secretary

Fut ure Enterprises Ltd. {formerly - Future Retail Limited}. CIN L52399MH1987PLC044954

Regd. Off. : Knowledge House . Shyam Nagar . Off Jogeshwar i - Vikhroli Link Road . Jogeshwar i (East) . Mumbai - 400 060. P +91 22 6644 2200 . F +91 22 6644 220 1 .www .felindia.in.

Corp. Off. : 247 Park . Tower C . 4th Floor . LBS Marg . V ikhroli (W) . Mumbai - 400 083 . P +91 22 6119 0000