Athens, November 23^rd, 2011

Draft amendment of GR. SARANTIS S.A. Articles of Association

The company GR. SARANTIS S.A. announces, in accordance with article 19 par. 2 of L. 3556/2007, that it proposes to amend its Articles of Association by Resolution of the company's Extraordinary General Shareholders Meeting which will convene on 01/12/2011. Attached is the amendment that can also be found in the company's website (www.sarantis.gr).