Forthnet S.A. (hereinafter “Forthnet”) informs the investing public that on 28.7.2016 “Emirates International Telecommunications LLC” (hereinafter “EITL”) notified Forthnet of the following, according to the Law:

1. Forgendo Limited (hereinafter “Forgendo”), in which the company Go Plc (hereinafter “Go”) participates by 50% and the company Emirates International Telecommunications (Malta) Limited (EITML) participates by 50%, has transferred all the voting rights that it directly held in Forthnet, namely 45.440.473 voting rights in total, which corresponded to a percentage of 41,273% of the total number of Forthnet's shares, to the above companies Go & EITML, and in particular 22.720.237 voting rights to Go and 22.720.236 voting rights to EITML (hereinafter “Share Transfer”).

2. That, following the above Share Transfer, EITL indirectly controls a percentage of 45,213%, which corresponds to 49.775.473 voting rights of Forthnet through the companies:

a) EITML, which directly holds 22.720.236 voting rights in Forthnet corresponding to a percentage of 20,636% of the total shares of Forthnet,

b) GO Plc, which directly holds 22.720.237 voting rights in Forthnet corresponding to a percentage of 20,636% of the total shares of Forthnet and

c) Giradena Limited, which directly holds 4.335.000 voting rights in Forthnet corresponding to a percentage of 3,94% of the total shares of Forthnet.

3. That EITL proceeds to this notification also on behalf of its controlled undertakings as set out above pursuant to article 13 par. 1 of the Law 3556/2007.

This notification has been published according to the Law 3556/2007 (art. 9, 10, 14 and 21) in combination with the resolution No. 1/434/03.07.2007 (as amended and in force) of the HCMC Board of Directors and the Circulation Document under no 33 of the HCMC.