ANNOUNCEMENT

Restructure of the Board of Directors

The Board of Directors of Attica Holdings S.A. convened on 17^th January, 2012 and accepted the resignation of Non-Executive Board Member Mr. Charalambos S. Paschalis and replaced him with Mr. Kyriakos D. Magiras.

In the same session, the Board proceeded into the assignment of offices and responsibilities to its Members, elected Mr. Petros M. Vettas as Chairman, Non-Executive Member due to health reasons, and the rest as follows:

-       Petros M. Vettas                                            Chairman, Non-Executive Member

-       Kyriakos D. Magiras                                     Vice-Chairman, Executive Member

-       Spiros Ch. Paschalis                                               Managing Director, Executive Member

-       Michael G. Sakellis                                       Executive Member  

-       Andreas Ε. Vgenopoulos                            Non-Executive Member

-       Theofilos - Aristeidis G. Priovolos              Non-Executive Member

-       Areti G. Souvatzoglou                                  Non-Executive Member  

-       Markos Α.Foros                                             Independent, Non-Executive Member

-       Alexandros Th. Edipidis                              Independent, Non-Executive Member 

Athens, 18^th January, 2012