Xyratex Ltd Deregistration of Extinguished Purchase Rights

Havant, UK – September 10, 2014 – Xyratex Ltd today announced its intent to complete the deregistration process for the preferred share purchase rights that were associated with the Company’s  common shares when the common shares were listed on NASDAQ prior to the Company’s acquisition by Seagate Technology International. The purchase rights automatically terminated immediately prior to the consummation of the acquisition by Seagate, and accordingly will not be listed on an exchange.