Athens, November 26, 2014 - Pursuant to Article 14 par. 3 of Law 3556/2007, “M.J. MAILLIS S.A. – INDUSTRIAL PACKAGING SYSTEMS & TECHNOLOGIES” (hereinafter "the Company") announces, according to the notification received on November 26, 2014, that Η.I.G Luxembourg Holdings 46 S.a.r.l. (the “Oferror”), pursuant to resolution no. 1/696/03.11.2014 of the Board of Directors of the Hellenic Capital Market Commission (HCMC) on the Offeror's squeeze-out right according to articles 27 and 27 a of L. 3461/2006, acquired, in the frame of said squeeze-out procedure, the remaining 10,036,927 shares of the Company, i.e. a percentage of 3.108% of the Company's share capital and voting rights. As per above notification, on the 24^th of November 2014, H.I.G. Luxembourg Holdings 46 S.a.r.l. has in its possession in total 322.925.288 shares or a percentage of 100% over the Company's paid up share capital and voting rights.

As per above notification, H.I.G. Bayside Advisors II LLC and H.I.G. Europe Capital Partners GP Limited have an equal share (50%-50%)  and have agreed to exercise jointly the control over H.I.G. Luxembourg Holdings 46 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 H.I.G. Luxembourg Holdings 46 S.a.r.l. and indirectly by H.I.G. Europe Capital Partners GP Limited and H.I.G. Bayside Advisors II LLCchanged from 95,86% (which was announced following the last notification to the Company, onOctober 13, 2014) to100%.