We would like to announce that the Ordinary General Meeting of shareholders of the company Petros Petropoulos S.A. was held today, 5 April 2016, at 12:00 hours at the company's offices at 96 Iera Odos St.

10 shareholders of theCompanyappeared in person or by proxy, representing 5,312,889  shares, i.e. 76.05%, and therefore this General Meeting was validly held in quorum on all items of the agenda.

Item 1. Approval of the reports of the BoD and theCompany's auditors for fiscal year 1.1. - 31.12.2015. Approval of Annual Financial Statements of 31.12.2015.

Item 2. Approval of the appropriation of FY 2015 (01.01.2015 - 31.12.2020) and decision to not distribute dividend for the year.

Item 3. Decision on release of members of the BoD and the auditors from any liability for period 1.1. - 31.12.2015.

Item 4. Approval of share capital increase, with increase of the nominal value of each share by ten (10) eurocents, by capitalisation of reserves and equivalent reduction of the share capital with decrease of the nominal value of each share and return of the decrease amount to the shareholders.

Item 5. Approval of amendment of Article 5 of the Articles of Association on share capital.

Item 6. Approval of all manner of fees for BoD members for FY 2015 and preapproval of fees for BoD members for 2016.

Item 7. Decision on election of statutory and substitute auditors for FY 2016 and determination of their fees following a recommendation from the Audit Committee.

Item 8. Approval of purchase of own shares, according to Article 16 of Codified Law 2190/1920 in conjunction with Regulation (EC) No 2273/2003 to serve the purposes and uses allowed each time by law up to 10% of the share capital, which include the shares already purchased for a period of 24 months (as of 16.4.2016 when the existing buy-back program expires - until 4.4.2018) at a lowest price of €0.50 and a highest price of €6 per share.

Item 9. Approval of granting of permission in accordance with Article 23(1) of Codified Law 2190/1920 to members of the Board of Directors and General Managers to participate in Boards of Directors or the Management ofCompanysubsidiaries or affiliates and by extent of the Petros Petropoulos Group, which pursue similar or related objectives.

 All the above decisions were unanimously taken by 100% of the present or represented shareholders, i.e. by 5,312,889 votes in favour and 0 against.