ΝΗΡΕΥΣ Α.Ε.

ANNOUNCEMENT OF BUSINESS DEVELOPMENT

NIREUS AQUACULTURE SA announces to the investing public that on 5/10/2018 it received from the representing attorneys of the shareholders Aristides Belles, Nikolaos Chaviaras, Kalliopi Chaviaras, TEMPLE TRADING LIMITED, LINNAEUS CAPITAL PARTNERS BV, Pantelis Lamprinoudis, Georgia Lamprinoudi the following  notification:

"The shareholders of NIREUS AQUACULTURE SA:

1. Aristides Belles,  minority shareholder, holds 10.893.498 registered shares, representing a percentage of 3,6982% of the total share capital of "NIREUS Aquaculture  SA"

2. Nikolas Chaviaras,  minority shareholder, holds 4.343.563 registered shares representing a percentage of 1,4773% of the total share capital of " NIREUS Aquaculture  SA "

3. Kalliopi Chaviara,  minority shareholder, holds 209.122 registered shares representing a percentage of 0,071% of the total share capital of " NIREUS Aquaculture  SA "

4. TEMPLE TRADING LIMITED, minority shareholder, holds 3.540.603 registered shares representing a percentage of 1,2042% of the total share capital of " NIREUS Aquaculture  SA "

5. LINNAEUS CAPITAL PARTNERS B.V., minority shareholder, holds 16.160.734 registered shares representing a percentage of 5,4965% of the total share capital of " NIREUS Aquaculture  SA "

6. Pantelis Lamprinoudis, minority shareholder, holds 687.908 registered shares representing a percentage of 0,234% of the total share capital of " NIREUS Aquaculture  SA ", and

7. Georgia Labrinoudi,  minority shareholder, holds 247.739 registered shares representing a percentage of 0,084% of the total share capital of " NIREUS Aquaculture  SA "

announce that pursuant to the contract dated 4 October 2018, they agreed to act together and in conjunction ( en block)  as regards potential discussions and negotiations on the sale, to Amerra Capital Management LLC, of all shares held by the contracting parties in the listed company "NIREUS AQUACULTURE SA"

Athens, October 4, 2018

The representative attorneys of the parties "