PRESS RELEASE

On the occasion of the completion of METKA's merger with MYTILINEOS S.A., the Chairman of the Group Mr. Evangelos Mytilineos made the following statement:

“Exactly 20 years ago, in the summer of 1997, with the support of distinguished stockbroker Spyros Bellos, the first major hostile takeover of a listed company by another one was planned and carried out with complete success. By December 1998, MYTILINEOS S.A., admitted to the Athens Exchange just three years before (1995), had completed the acquisition of industrial manufacturer METKA, listed on the Athens Exchange since 1972.

From the very first moment, the true visionary and results-oriented Yannis Mytilineos put himself at the helm of METKA, a position from which, aided by the closely-knit and competent senior management team that he put together, he was responsible for one of the most authentic success stories in modern Greek economy.

METKA, which today joins the other main subsidiaries of the Group under the single corporate umbrella of MYTILINEOS S.A., has now a turnover that is 13 times higher compared to 1997, posts 29 times more profits and employs more than twice the number people – most of them engineers – than it did back then.

In the space of these years, METKA, the jewel in the GroupΆs crown, as I used to call it, raised the Greek flag in 29 different countries and markets. As a result, in 2011 it was included in the Top 10 international EPC contractors (on a turnover basis) specialising in energy projects worldwide!

Today, there are valid expectations that METKA, operating as a Business Unit of MYTILINEOS, will now be able to follow, in its home country too, a path similar to the one it has followed abroad after the completion of the extensive investigation carried out by the competent authorities to overcome the adverse conditions that had prevailed in the public works construction sector.

In the Annual General Meeting of June 2017, the shareholders of METKA resolved, with an overwhelming majority of 82.9%, in favour of joining the MYTILINEOS single corporate umbrella, becoming part of the new, large European-level entity formed. The dynamism of this new, single corporate entity, whose establishment was formally completed today, was confirmed in the clearest possible way by the success of the largest Greek bond issue, in the amount of ¤300 million, launched 10 days ago.

The name “METKA” is today withdrawn from the electronic board of the Stock Exchange, yet remains inextricably linked with MYTILINEOS Group and has yet to come full circle.”

Evangelos Mytilineos

Chairman & CEO

MYTILINEOS Group