SFAKIANAKIS S.A.

Announcement according to paragraph 4.1.4.4 of ATHEX Regulation

SFAKIANAKISS.A.within the framework of publication of the Annual Financial Report for the period 01.01.2014-31.03.2014 and pursuant to par. 4.1.4.4 of the ATHEX Rulebook informs the investing public on the following:

The Board of Directors of the Athens Stock Exchange during its meeting held on 05.04.2012, decided the transfer of Company's shares to the “Under Supervision” category since 05.04.2012, on the grounds that in the Annual Financial Report of 31.12.2011 losses exceeded the 30% of equity.

The actions taken on the part of the Management in order to encounter the causes that led its inclusion to the category of surveillance, continue to focus on the further reduction of the operating costs, the improvement of its market share and Company's and Group's financial figures. More specifically, operating expenses at Group level decreased by € 2.0 mil. compared to the relevant last year period while losses before tax present a significant decrease by € 1.1 mil. for the Company and € 1.9 mil. for the Group.

Management believes that the reorganization of Group's operations and its adaptation to new market conditions, the ongoing improvement of its commercial performance now forms the necessary conditions for the definitive overcoming of the crisis strengthening its competitiveness and setting solid foundations for the return to sustainable profitability.