LOULIS FOOD INGREDIENTS S.A.

ANNOUNCEMENT OF CHANGE OF PARTICIPATION IN SUBSIDIARY

The company LOULIS MILLS SA announces that, to complete the initial agreement between LOULIS MILLS SA and Pierakeas Leonidas and Pierakeas Panagiotis, it acquired 854 shares from Pierakeas Leonidas and 853 shares from Pierakeas Panagiotis for € 58,823.22 in total. Thus LOULIS MILLS SA now owns 70% of NutribakeS.

Additionally, NutriBakeS SOCIETE ANONYME OF BAKERY AND CONFECTIONERY MIXTURES has changed its name to KENFOOD INDUSTRIAL AND COMMERCIAL COMPANY OF MIXTURES AND CONFECTIONERY PRODUCTS