«HELLENIC FABRICS S.A.» announces that the Extraordinary General Meeting of the Company's shareholders was held on Saturday 10.05.2014 at 15:00 hrs, at the conference room of the 2nd floor of 15 Komninon Street (corner with Tsimiski Street), in Thessaloniki. The Extraordinary General Meeting was attended by eight shareholders, either in person or by proxy, who represented 8,773,728 shares-votes out of 13,692,227 total shares, that is 64.08% of the issued share capital, and on the items of the Agenda the shareholders:

1. Approved the transfer of the head offices from the Municipality of Thessaloniki to the Municipality of Pella (Municipal Section of Pella), Regional Section of Pella, Region of Central Macedonia.

Number of shares for which valid votes were cast: 8,773,728

Percentage of the share capital: 64,08%

Total valid votes: 8,773,728

Voting results and percentages of valid:

For: 8,773,728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)

2. Approved the relevant amendment of article 2 of the company's by-laws and its new version, after the transfer of the company's head offices.

Number of shares for which valid votes were cast: 8,773,728

Percentage of the share capital: 64,08%

Total valid votes: 8,773,728

Voting results and percentages of valid:

For: 8,773,728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)

3. Approved the replacement of the resigned members of the Board of Directors, with the new non-executive members Mr. Savvas Mirliaountas and Mrs. Aikaterini Papatsa, as well as the new composition of the Audit Committee. , Designated also as independent members of the Board of Directors  Mr. Konstantinos Voulgaris and Mrs. Aikaterini Papatsa.

Number of shares for which valid votes were cast: 8,773,728

Percentage of the share capital: 64,08%

Total valid votes: 8,773,728

Voting results and percentages of valid:

For: 8,773,728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)

4. Regarding the item 4 of the Agenda, «Announcements and other Issues», there was no issue to be discussed.