Announcement regarding the purchase of own shares

In execution and after the authorization of the decision of the General Meeting dated 24.06.2016, the Board of Directors of ELLAKTOR SA in its session on the same day decided, pursuant to article 16 par. 1 Codified Law 2190/1920, as in force, the start of an own share buyback plan, for any permitted use and purpose, according to the law, until the completion of a percentage of 10% of its, each time, paid-up share capital, including the already owns acquired and hold shares by virtue of the resolutions of the General Meeting dated 10.12.2007 and 09.12.2008, and which correspond to 2.58% of its current paid-up share capital.

The duration of the plan is two (2) years as of the date of its approval by the General Meeting, i.e. until 23 June 2018, and any purchases under it, will be effected with a minimum purchase price equal to sixty cent (0.60) and a maximum purchase price equal to three euro (3.00) per purchased share. 

Finally, the Board of Directors of the Company is authorized to arrange all formalities and procedures for the said issue, including the assurance of the prior written consent of the Company's bondholder lending banks, as provided in the relevant agreement.

Kifissia, 27.06.2016