Notice of extraordinary General Shareholder's Meeting of the Company named

“ELVAL HELLENIC ALUMINIUM INDUSTRY S.A.”

S.A. Reg. No : 3954/06/Β/86/13

No. G.E.M.I  340401000

In compliance with the provisions of the Law and the Articles of Association of the Company, the Shareholders of ELVAL, S.A., HELLENIC ALUMINIUM INDUSTRY are hereby invited, by the Board of Directors, to attend the Company's extraordinary General Meeting, to be held on Thursday, November 28, 2013 at 09:30 hours at the PRESIDENT HOTEL, 43 Kifissias Avenue, Athens.

AGENDA

1. Issue of syndicated collateralized long-term common bond loan;

2. Issue of mid-term common bond loans;

3. Providing guarantee to its 99.99% subsidiary SYMETAL SA for the issuance of a syndicated collateralized long-term common bond loan, for the amount of 11,227,000 Euro.

4. Approval of the appointment of the new Members of the Board of Directors.

RIGHT TO ATTEND THE GENERAL MEETING

Any shareholder appears in the file of the Dematerialized Securities System, managed by “HELLENIC EXCHANGES, S.A.” (former Central Securities Depository), in which the Company's shares are kept, has the right to attend the General Meeting. A certificate in written form issued by the above entity should be used as a proof of the capacity to act as a shareholder, or alternatively the direct access to the electronic files of the entity. This capacity should exist on 23/11/2013 (Registration date), namely at the beginning of the fifth (5th) day before the date of the General Meeting and the pertinent written certificate, regarding the capacity of shareholder, has to reach the Company on 25/11/2013 at the latest, namely on the third (3rd) day before the holding of the General Meeting.

The Company considers as a shareholder having the right to attend the General Meeting and vote only whoever has the capacity to act as a shareholder at the respective Registration Date. In the case the provisions of the article 28a of C.L. 2190/1920 have not been followed, the shareholder in question attends the General Meeting only following its relevant permission.

To exercise the rights in question does not presuppose that the shares of the beneficiary should be blocked or another similar procedure should be followed, limiting the possibility for sale and transfer of the shares during the period of time between the Date of Registration and the General Meeting.

The full text of the Notice and the information provided by the article 27 par.3 of C.L. 2190/1920 will be available, in electronic form, in the Company's web site, www.elval.gr.

Athens, 7 November 2013

The Board of Directors