FOLLI FOLLIE S.A.

Announcement

HELLENIC DUTY FREE SHOPS S.A. announces that, according to its BoD decision, Mr. Epaminondas Dafermos, non-executive member of the Company''s BoD, assumes the position of Deputy Managing Director and executive member of the Company''s BoD and following a decision of the General Director Mr. George Velentzas, Mr. Efstratios Elissaios assumes the position of Director of Finance and Administration and Mr. Vassilis Kalamatianos assumes the position of Financial Manager.