Kifissia, 02 March 2016

AEGEAN AIRLINES announces, in accordance with the directives of article 8 of Law 3310/2005 with regards to the transparency of public contracts, as amended and supplemented by Law 3414/2005, and the directives of article 1, par. 5 of the Presidential Decree 82/1996 with regards to the registration of shares of societes anonymes that participate in public tenders, its intentions to participate and submit offers in the tender under protocol number ΥΠΑ/Δ1/Β/4291/843/2.3.2016 Decision for Negotiated Procedure, published by the Hellenic Republic, Ministry of Transport, Infrastructure and Networks, in accordance with articles 16, 17 and 18 of EC Regulation No 1008/2008 for the operation from April 1, 2016 until September 30, 2016 of scheduled air services in 26 routes in accordance with public service obligations.

The submission date is March 3, 2016, or in the case of postponement the new date that will be determined. It is noted that the Tender Invitation does not determine a budget for the operation of PSO routes.

For the reason above, the societes anonymes (or other legal entities of any other form) which are shareholders of our Company, in the sense of art. 1 par. 3 of the PD 82/1996 above and all other provisions applicable, the shares of which should be registered by virtue of their articles of association, are requested to produce to our Company a certificate for their shareholders up to the ultimate physical person. It is finally noted that non compliance of the above companies - shareholders of our company with the above, causes the sanctions provided in article 2 of the above PD 82/96 (deprivation from the right of presence and vote in the General Meeting of the company, as well as from any kind of property rights deriving from the shareholder capacity).

The Board of Directors