OF SOCIÉTÉ ANONYME “PETROS PETROPOULOS S.A.” (General Electronic Commercial Registry (GEMI) No 285301000 – FORMER SA REG. No: 2359/06-B/86/14) TO AN Extraordinary GENERAL MEETING

Pursuant to the Law and the Company's Articles of Association and following the decision made on 02/11/2016 by the Company's Board of Directors, the Shareholders of the Société Anonyme with the corporate name "PETROS PETROPOULOS SA", with its registered seat at 96 Iera Odos, Athens, are invited to an Extraordinary General Meeting on Monday 28/11/2016 at 12.00 noon at the Company's offices at 96 Iera Odos to discuss and decide on the following items of the Agenda:

1. Approval of distribution of dividend from retained profits of past years.

2. Miscellaneous items and announcements.

Those who appear as shareholders of PETROS PETROPOULOS SA, as at the start of the fifth day prior to the Extraordinary General Meeting (recording date: Wednesday 23 November 2016), in the records of the Dematerialised Securities System administered by HELLENIC EXCHANGES SA (HELEX) in which the Company's transferable securities are held shall be entitled to participate and vote in the Extraordinary General Meeting. Their shareholder status must be proven by a relevant written certificate issued by HELEX or, alternatively, by a direct electronic connection of the Company with the HELEX records. The relevant written certificate or electronic verification of the shareholder status must be received by the Company no less than three days prior to the General Meeting. Only those who are shareholders on the above recording date shall be considered by the Company as entitled to participate and vote in the General Meeting. Any shareholders who have not complied with the provisions of article 28a of Codified Law 2190/1920 shall participate in the General Meeting subject to permission being granted by the Meeting.

It is noted that exercising the rights to participate and vote does not require the binding of shareholder's shares or adherence to another similar procedure which would prevent the shares from being sold or transferred from the recording date to the General Meeting date.

The information and the documents required under article 27(3) of Codified Law 2190/1920, which include the full text of the invitation, the total number of Company shares and rights, the documents to be submitted at the Meeting, the draft resolution for each item on the Agenda and the representation form, will be available in electronic form on the Company's website www.petropoulos.com and in printed form at the Company's offices at 96 Iera Odos, Athens. If article 39(2) of Codified Law 2190/1920 (shareholders' minority interests) applies, the Company will publish a revised Agenda on its website and in print and online media.

Athens, 02/11/2016

The Board of Directors