Athens, April16, 2014- Pursuant to Article 14 par. 3 of Law 3556/2007, “M.J. MAILLIS SA – INDUSTRIAL PACKAGING SYSTEMS & TECHNOLOGIES” (hereinafter "the Company") announces, according to the notification received from H.I.G. BaysideAdvisorsII. LLC, H.I.G. EuropeCapitalPartnersGPLimitedandGraceBayIIHoldingsS.a.r.l,on April 16, 2014, Grace Bay II Holdings S.a.r.l. acquired on April 15,2014, 14,648,124shares and the corresponding voting rights in the Company, amounting to 4.54 % of the Company's share capital and voting rights. As per above notification,H.I.G. Bayside Advisors II LLC and H.I.G. Europe Capital Partners GP Limitedhaving an equal share (50%-50%)  and have agreed to exercise jointly the control over Grace Bay II Holdings S.a.r.l.(which holds the voting rights of the Company directly) within the meaning of art.3 paragraph 1 (cc) of Law 3556/2007.  

As a result, the percentage of voting rights held in the Company, directly by Grace Bay II Holdings S.a.r.l. and indirectly byH.I.G. Europe Capital Partners GP Limited and H.I.G. Bayside Advisors II LLCchanged from 22.7% to 27.24%.