Press Release

FINAL SETTLEMENT OF THE MYTILINEOS CLAIM AGAINST THE SERBIAN GOVERNMENT

Athens, Greece – 6 February 2018 - The final settlement of the $40 million compensation that derived from the issued award by the International Arbitral Tribunal on RTB-BOR, was signed today by the MYTILINEOS representative and the Serbian government, specifically the Minister of Economy, Mr. Goran Knežević, and the Minister of Mining and Energy, Mr. Aleksandar Antić.

The Serbian government has proposed and MYTILINEOS has accepted, that the compensation is to be paid in four quarterly installments interest -free, the latter in December 2018.

In this way, the two parties have finally solved a 15-year issue and created all the prerequisites for MYTILINEOS investments to return shortly to the Serbian market.

For more details, please contact:

Ms Antigoni Fakou: MYTILINEOS Press Office Tel. +30 210-6877346 | Fax +30 210-6877400 | E-mail Antigoni.Fakou@mytilineos.gr

About MYTILINEOS

MYTILINEOS S.A. is a leading Greek industry active in Metallurgy, Power & Gas and EPC & Infrastructure. Established in Greece in 1990, the Company is listed on the Athens Exchange, has a consolidated turnover in excess of €1.3 billion and employs directly or indirectly more than 2,700 people in Greece and abroad. For more details, please visit the Company's website: www.mytilineos.gr