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IsZo Capital Writes to Special Committee of Taro Pharmaceutical Opposing Sun Pharmaceutical Offer and Liability Protection Management Proposals
Date:11/30/2011

ossly inadequate offer and focus on the stock exchange listing strategies outlined above which are in the best interests of all shareholders of Taro.

Lastly, we are extremely disturbed that Taro has declined to tell us or the general public who the members of the Special Committee are, what are their qualifications, how they were chosen, and whether any have a prior relationship with Sun. Given the conflict of interest that key members of Taro's management and Board have with respect to Sun's acquisition proposal, as one of the largest minority shareholders of Taro, we demand that Taro immediately issue a press release with the information that we have requested regarding the identity, qualifications, and any potential conflicts of interest regarding members of the Special Committee.

Sincerely,

/s/ Brian Sheehy
Brian Sheehy
Managing Partner
IsZo Capital


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SOURCE IsZo Capital Management LP
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