ΝΗΡΕΥΣ Α.Ε.

Share Capital Increase of NIREUS AQUACULTURE SA from the conversion of bonds into shares.

NIREUS AQUACULTURE SA, in accordance with Law 3556/2007 and the Athens Stock Exchange Regulation, informs the investing public regarding the Convertible Bond Loan (issued 2007), with respect to the following:

 1.Following  the bondholder's exercise of their conversion right of  a total of 56,761 Convertible Bonds, the Company's share capital has increased by  euro 755,833.20 and 2.519.444 new common registered shares have been  issued of a  nominal value of euro 0,30 each.

 2. The Board of Directors, by virtue of  its decision dated 24.10.2017, certified the above share capital increase, while the New Shares will be listed  for trading on the Main Market of the ATHEX and shall  be delivered to their beneficiaries in accordance with the provisions of the ATHEX Regulation and its relevant implemented decisions.

 3. Following  the above, Company's  share capital shall amount to euro 88.205.043,60 divided into 294.016.812 common registered shares with a nominal value of  euro 0,30 each.

 4. The Company will inform  the approval of the admission and the starting date  of the trading of the New Shares through a future announcement.