MARFIN INVESTMENT GROUP HOLDINGS SA (“MIG” or “the Company”) hereby announces that, as per the Group announcement on 14.5.2014 related to the strategic agreement with Piraeus Bank and pursuant to the decisions of the General Meetings of Shareholders on 15.6.2011 and 24.10.2011 and the decisions of the Board of Directors on 1.11.2011, 5.2.2013, 21.3.2013, 29.7.2013, 21.11.2013, 10.6.2014 and 13.6.2014, Piraeus Bank subscribed to 251,835,900 Tranche Α bonds of the Convertible Bond Loan (“CBL”) issued by MIG, covering an amount of €251,835,900.

The proceeds will be used for the immediate repayment of the Group's outstanding debt obligations, aimed at enhancing the Group's capital structure.

MIG will take all necessary actions for the introduction of new bonds to trading on ATHEX and inform the public with a new announcement.

Following the new bond issuance, the Board of Directors of the Company decided to complete the offering of the unsold bonds of both Tranches to investors.

As per the terms of the strategic agreement, Piraeus Bank has committed to convert bonds worth at least €90,000,000 into common registered shares of the Company at a conversion price of €0.54 per share, in accordance with the CBL terms. Upon conversion of bonds into common registered shares of the Company, Piraeus Bank will hold a 17.7% stake in MIG. The intention of both parties is to convert the full amount of bonds purchased by Piraeus Bank into common registered shares of the Company. The conversion will be executed either by Piraeus Bank or by means of a placement to institutional and strategic investors that will be mutually agreed by the parties. Moreover and in the event of a future sale of MIG shares held by Piraeus Bank, the parties have agreed to provide pre-emption rights as well as a right of first refusal to MIG's existing strategic shareholders, following MIG's Board of Directors nomination.

Contacts:

Investor Relations: +30 210 350 4046

InvestorRelations@marfingroup.gr






About MIG: Marfin Investment Group Holdings S.A. is an international investment holding company based in Greece and throughout Southeast Europe (SEE). The Company believes it is uniquely positioned to take advantage of an expanding array of investment opportunities in this region; opportunities in which traditional investment vehicles lacking MIG's regional focus, scale, expertise, and/or its investment flexibility and financial resources, may find difficult to identify and exploit. MIG in its current structure has been listed on the Athens Stock Exchange since July 2007. Its portfolio includes leading companies in sectors across the SEE region, grouped into Food & Beverages, Healthcare, IT & Telecoms, Transportation & Shipping, Real Estate, Tourism & Leisure. Included amongst its portfolio and subsidiary companies is Vivartia, a leading food and food retail business in SEE; Attica Group, a leading passenger ferry operator in the Eastern Mediterranean; Hygeia Group, a market leader in integrated private hospitals and clinics in SEE, with the leading general hospital facilities and maternity clinics in Greece; SingularLogic, the leading IT operator in Greece; Flight Ambulance International (FAI) a top-5 global fixed-wing medical evacuation company; Skyserv Handling, a leading ground handling services provider in Greece; Sunce (Bluesun) a leading hospitality and leisure group in Croatia; and Robne Kuce Beograd (RKB), owner of the largest commercial real-estate portfolio in Serbia.