NIREUS SA announces that on Thursday, 16 February 2012, commences the trading of the new 20.638 shares resulting from the conversion 9.518 convertible bonds, issued on 12.07.2007, with  conversion price 4,50574 €  and conversion ratio 2,16834 shares per bond.

Because of the abovementioned conversion the share capital increased by 27.654,92 €.   This increase was certified by the Board of Directors on 17.01.2012, according to the resolutions of the General Meeting of 11.4.2007 and the decisions of the Board of Directors of 24.05.2007 and 09.07.2007, and it was registered at the Companies' Registry with the relevant announcement No Κ2 – 408/24.01.2012.

The Athens Exchange on 10.02.2012 approved the commencement of trading of the new 20.638 shares of NIREUS SA.

The new shares will be credited to the securities accounts of the beneficiary shareholders at the Dematerialized Securities System (DSS) on the date of the commencement of trading.

For further information, shareholders may contact Ms Maria Kotsovou, Investor Relations Manager, tel +30 210 66 98 335.