ANNOUNCEMENT

“ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.” (hereinafter referred to as “ELVALHALCOR S.A.”) announces that, pursuant to article 4.1.3.4. of the Rulebook of the Athens Exchange, by decision of the Annual General Meeting of Shareholders of 23^rd of May 2019, the dividend for fiscal year 2018 amounts to three euro-cents (€0.03) per share.

The aforementioned gross dividend amount is subject to  a 10% withholding  tax (three hundreds of the Euro cent [€0.003] per share) and therefore, shareholders will receive a net amount of two cents and seven hundreds of one Euro cent (€0.027) per share.

Beneficiaries of the dividend, according to the record date rule, are those shareholders who are registered in the Dematerialized Securities System (DSS) on Wednesday, 29^th of May, 2019 (ex-date Tuesday, 28^th May 2018, before the start of trading).

Starting date of dividend payment is Tuesday, 4^th of June, 2019, and the dividend will be paid by the National Bank of Greece S.A. as follows:

1. Through the DSS Operators, for the investors who have authorized their Operators to collect.

2. By deposit at the International Bank Account Number (IBAN), at which the investor has  declared that he wishes to collect cash distributions  in accordance with article 13 of the Regulation on the operation of the Dematerialized Securities System (DSS) and Decision No. 6 of the Board of Directors of the ATHEXCSD, as in force, for those investors that do not wish to receive payment through their Operator(s). This only concerns investors that  have declared a National Bank of Greece S.A. IBAN.

3. Through the branch network of the National Bank of Greece S.A., for all other investors. In order to collect the dividend from the branch network of the Bank, investors must provide valid ID and the DSS account information. Payment to a third party can only take place if there is an authorization, stating the full personal information  of both the beneficiary and the person being authorized (name, father's name, ID number, Tax Reg. No.), and notarized  by a public authority.

For more information, shareholders can contact the Investor Relations Department (tel. 22620 48111, Mr. Alexandros Kompotis).

23^rd of May 2019