MARFIN Investment Group (MIG) announces the completion of the acquisition of 64,3% of the share capital of "The Cyprus Tourism Development Public Company Ltd" owner of the Hilton Cyprus Hotel in Nicosia, by our subsidiary "MIG Leisure Ltd". The price agreed is Euro 58,5 m or Euro 30,47 per share, in cash. Share holders of "MIG Leisure Ltd", are MIG (65%) and Dubai Financial (35%). This transaction is subject to the approval by Competition authority in Cyprus.