NIREUS S.A.

Refinancing

NIREUS S.A. intents to proceed towards the refinancing of existing loans of a level of 110 mil. euro, through the raising of a new common bond loan. This issue is to be included in the agenda of the Extraordinary General Assembly meeting to be called immediately. Through this restructuring the stabilization of the financial structure of the NIREUS Group will be achieved for the coming seven year period, as well as the stabilization of the financial cost, given the rising trends in the cost of money.