KRI-KRI SA

ANNOUNCEMENT OF SETTLEMENT COLLECTION

KRI-KRI announced today to the investors that the first phase of the insurance claim settlement in relation to the 24/12/2013 fire on its premises has been completed with the collection of the amount of € 10.530m in full and complete settlement from Generali HELLAS S.A. and Groupama Phoenix S.A. insurance companies.

With regard to the claim of the remaining damage related amount KRI-KRI continues its settlement activities and reserves the right for any legal action.