NOTICE

(published in summary, pursuant to article 26 paragraph 2c

of the Codified Law 2190/1920)

To the shareholders of the Anonymous Company under the name «FLEXOPACK ANONYMOUS COMMERCIAL AND INDUSTRIAL PLASTICS COMPANY» and with distinctive title «FLEXOPACK S.A.», to Extraordinary General Meeting.

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The Board of Directors of the Anonymous Company under the name «FLEXOPACK ANONYMOUS COMMERCIAL AND INDUSTRIAL PLASTICS COMPANY» and with distinctive title «FLEXOPACK S.A.», (hereinafter referred to for brevity reasons as the «Company»), invites pursuant to the Law and to the Articles of Association, the  shareholders of the Company to Extraordinary General Meeting on Friday 20^th of April 2012 at 15:00 ., at the registered offices of the Company at Koropi Attica (position Tzima, rural road of Ifaistou), for discussion and for decision making on the below agenda topics:

1. Increase of the share capital of the Company by the amount of 1.172.002,40 Euros, through capitalisation of part of the reserve «difference from the issuance of shares above par» and through increase of the nominal value of each share of the Company by 0,10 Euro (from 0,52 Euro to 0,62 Euro).

2. Reduction of the share capital of the Company by the amount of 1.054.802,16 Euros, through reduction of the nominal value of each share of the Company by 0,09 Euro (from 0,62 Euro to 0,53 Euro) and refund - payment of the relevant amount to the shareholders of the Company.

3. Amendment of the relevant article 5 paragraph 1 of the Articles of Association of the Company.

4. Grant of the necessary authorisations to the Board of Directors of the Company for the execution of the above decisions regarding the increase and the reduction of the share capital of the Company.

5. Other topics - Various Announcements.   

In the event of not reaching the required by law quorum regarding the decision making on the agenda topics, the potential A' Repetitive Extraordinary General Meeting will be held on Wednesday 2^nd of May 2012 at 16:00,. at the same place, on the same agenda topics.

RIGHT TO PARTICIPATE AND TO VOTE

Eligible to participate in the Extraordinary General Meeting is anyone who is shown as shareholder in the registry of the Dematerialized Securities System managed by the «Hellenic Exchanges S.A». (HELEX), in which the securities (shares) of the Company are kept. The proof of the shareholder status is performed through the presentation of the relevant written certification of the above authority or alternatively through the direct electronic linkup of the Company with the records of the said authority. The shareholder status must exist on the 15^th of April 2012 (record date), that is by the commencement of the fifth (5^th) day prior to the day of the meeting of the Extraordinary General Meeting dated 20^th of April 2012 and the relevant confirmation or the electronic certification regarding the shareholder status must be submitted to the Company the latest on the 17^th of April 2012, that is the third (3^rd) day prior to the meeting of the Extraordinary General Meeting.

Eligible to participate and to vote in the Extraordinary General Meeting, is considered by the Company, only who holds the shareholder status on the relevant record date. In case of non compliance with the provisions of article 28a of the Codified Law 2190/1920, the said shareholder may participate in the Extraordinary General Meeting only upon its permission.

It is noted that the exercise of the said rights (to participate and to vote) does not require the shareholder to block his shares or to comply with any other relevant formalities, which limit the ability to sell and to transfer the shares in the time period between the record date and the date of the Extraordinary General Meeting.

The full and detailed text of the present invitation, as well as the information provided in paragraph 3 of article 27 of the Codified Law 2190/1920, as applicable today, are available in electronic form at the Company's website www.flexopack.gr.

Koropi, 22^nd of March 2012

The Board of Directors