HERACLES General Cement Company: New Board of Directors

The new Board of Directors οf HERACLES General Cement Company which was elected by the 108^th Ordinary General Meeting of the Shareholders of the Company held on 18.6.2015, was constituted in a body as follows:

Chairman of the Board            Panagiotis (Takis) Athanasopoulos, Professor Emeritus of the University of                                                                                                                                                                                                                                                                                                                                                                  Piraeus, non executive member

Vice Chairman                         Jean-Claude Block, Group Senior Vice President Finance Operations, Lafarge SA, non-executive member

Managing Director                    Pierre Deleplanque, executive member

Members                                Jean-Charles Blatz, non executive member

                                            Neil Curtis, Deputy General Counsel Lafarge SA, non executive member

                                           Andreas G. Andreopoulos, Professor in Νational Technical University of Athens, School of Chemical Engineering, independent, non executive member

                                            Aristotelis (Aris) Kallipolitis, Dr Chemist, Business Executive, independent,

                                            non executive member

Τhe term of duties of the abovementioned members of the Board of Directors, according to article 11 of the Articles of Association of the Company, is three years and terminates on 18.6.2018 which may be automatically extended until the Ordinary General Assembly of the year 2018, that will decide regarding financial year 2017.