HELLENIC FABRICS S.A. announces that according to articles 4.1.2 and 4.1.4.3.1 of the Athens Stock Exchange Regulation, and in the context of providing accurate and timely information to investors, its Financial Calendar for the year 2012 is the following:

1. Announcement of Financial Results of the fiscal year 2011 (Figures & Information 1/1-31/12/2011 and Annual Report 1/1/-31/12/2011): Friday 30 March 2012.
2. Publication of Financial Results in the Press (Figures & Information 1/1-31/12/2011): Saturday 31 March 2012.
3. Announcement of First Quarter 2012 Financial Results: Thursday 31 May 2012.
4. Annual General Assembly of the Shareholders: Friday 29 June 2012.

The Company is not expected to make an annual presentation to analysts on financial results and will not distribute dividend for the fiscal year 2011, while it reserves the right to adjust the above dates after timely informing investors.

The company clarifies that the Financial Results will be announced after the end of trading of the Athens Stock Exchange and will be available in the Company's website (www.hellenicfabrics.com) and in the ASE website (www.ase.gr).

Thessaloniki, 28 March 2012

The Board of Directors