Hellenic Exchanges- Athens Stock Exchange (ATHEX) informs investors that the Annual General Meeting of shareholders of 20.5.2015 approved a share-buyback program, in accordance with §1 article 16 of Codified Law 2190/1920. In particular, based on that decision, the Company may buy back own shares as follows:

• for up to 10% of the paid-in share capital (i.e. up to a maximum of 6,536,856 shares)
• within the time period from 20.5.2015 up to and including 19.5.2017
• at a minimum price of EUR1.50 per share and a maximum price of EUR7.00 per share.
• at least 95% of the shares that will be bought back (i.e. 9.5% of outstanding shares) will be cancelled. The remaining shares may be distributed to personnel.

The Company, based on §4 article 4 of the European Commission Regulation 2273/2003, and in implementation of the decision of the Annual General Meeting of shareholders of the Company of 20.5.2015, purchased own shares; in particular, on 9.2.2016 24,300 own shares were purchased, at an average price of EUR3.67 per share, and total transaction cost of EUR89,201.37.

The transactions took place through the member of Athens Exchange “Alpha Finance Investment Services S.A.”.

Following the abovementioned purchases, the Company today owns 24,300 own shares (0.04% of the total 65,368,563 shares outstanding).