DIAS AQUACULTURE S.A. (the Company) informs the investing public that certain changes have occurred it its Board of Directors. In particular, Mr. Iokeim Tsoukalas, Mr. George Pitakas and Mr. Haralambos Karamouzis have resigned from their position as board members and Ms Olga Novikova, Mr. Basil Keltsopoulous and Mr. Yuri Vinokurov have been elected in their position.  Subsequently, the new Board of Directors has been re-incorporated as follows:

1.   Stelios Pitakas (non Executive Member- Chairman of the Board)

2.   Stefanos Manellis (Executive Member and Chief Executive Officer)

3.   Vadim Doubrovin (Executive Member)

4.   Anita Hamilton, (Non - Executive Member)

5.   Olga Novikova (Independent  Non- Executive Member of the Board)

6.   Vasilis Keltsopoulos (Independent  Non- Executive Member of the Board)

7.   Yuri Vinokurov (Independent  Non- Executive Member of the Board)

The audit committee consists of the following members:

1.   Vasilis Keltsopoulos (Non-Executive Independent Member)

2.   Anita Hamilton (Non-Executive Member)

3.   Yuri Vinokurov (Non-Executive Member)

The above mentioned replacements and new composition of the Audit Committee will be notified and ratified/ approved by the first Shareholders General Meeting that will occur.

The existing authorisations have been revoked and new powers have been delegated reflecting the present structure of the Company.