Announcement regarding Business / Financial developments in the Parent Company and ELGEKA Group

Thessaloniki, August 25th, 2015

Under the provisions of article 10 par. 1 of L. 3340/2008 and article 2 par. d of Board’ s Decision 3/347/12-07-2005 of Hellenic Capital Market Commission, “ELGEKA S.A.” informs the investing public and its shareholders the following:

The Annual General Meeting of the subsidiary company “ARISTA S.A.” decided on 23/06/2015 to reduce its share capital by the amount of 1.389.440 euro in order to cover equivalent loss, by reducing the nominal value of each share by 0,04 euro, i.e. from 0,34 euro to 0,30 euro each and the parallel increase of its share capital by the amount of 1.417.200 euro, which was covered by the contribution from “ELGEKA S.A.” of equivalent receivables against the former, by issuing 4.724.000 new nominal common shares, at a nominal value of 0,30 euro each, while the relevant amendment of article 5 of the Articles of Association of the Company approved by the Region of Central Macedonia with the decision number 7790/21-08-2015 and recorded in the General Commercial Register (CGR) with code registration number 400784/24-08-2015.

Consequently, the new share capital of the subsidiary company “ARISTA S.A.” will amount to a total 11.838.000 euro divided into 39.460.000 nominal common shares with nominal value of 0,30 euro each, while the participation percentage of “ELGEKA S.A.” in the above company remains 99,99% approximately.