Employee Long Term Incentive Plan

1 July 2013

Toumaz Limited

(the "Company")

Toumaz Employee Long Term Incentive Plan ("LTIP")

Toumaz Limited (AIM: TMZ), a pioneer in low cost, ultra-low power wireless communications technology, announces that on 1st July 2013, the Company's employee benefit trust ("EBT"), together with Anthony Sethill, Chief Executive of the Company ("Participants"), jointly subscribed for 9,600,000 new ordinary shares of 0.25p each in the capital of the Company ("Ordinary Shares") at a price of 0.25p per Ordinary Share ("JSOP Shares") under the joint share ownership schedule to the LTIP ("JSOP") details of which were announced on 25th January 2013.

All dividend and voting rights in the shares held by the JSOP have been waived, save that, in accordance with the terms of the JSOP, immediately prior to certain disposals of JSOP Shares these rights will be reinstated.

Application has been made for the 9,600,000 JSOP Shares to be admitted to trading on AIM, expected to be effective on 3nd July 2013. The JSOP Shares on exercise will rank pari passu in all respects with the existing Ordinary Shares, other than as set out above.

Directors' Interests and Performance Criteria

 Anthony Sethill has been granted awards under the JSOP as follows:

Vesting of the awards issued to Directors is subject to performance criteria. These performance criteria have been set such that the value of an Ordinary Share is required to outperform the FTSE All Share Index by 25 per cent. over the course of the vesting period in order for 50 per cent. of the award to vest and by 50 per cent. in order for the balance of the awards to vest. Awards vest pro-rata between those two thresholds. The JSOP Shares have a vesting period of two years from the date of grant.

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About Toumaz (www.toumazltd.com)

Toumaz is a pioneer in low cost, ultra-low power wireless technologies for a wide range of markets including medical monitoring and internet connected consumer devices.