EUROPEAN RELIANCE GENERAL INSURANCE COMPANY S.A. (the Company) in accordance with the law no. 3556/2007, the Decision 1/434 / 03.07.2007 and the Circular 33 of the Hellenic Capital Market Commission, informs that according to the 11/05/2016 TR-1 notification received on that date, from the shareholder and the CEO of the Board of the company, Mr. Christos Georgakopoulos, the following changes in the rates of participation in the share capital and voting rights of the Company's shares took place on 11.05.2016:

Mr. Christos Georgakopoulos, bought 1,593,419 shares at a value 2,230,786.60

Ms. Georgakopoulou Heleni, a person connected within the meaning of Law 3340/2005 with the CEO of the Board of Directors of the company European Reliance General Insurance SA, Mr. Christos Georgakopoulos, sold 200,000 common shares of the Company with a total value of 280,000 euros.

Ms. Georgakopoulou Antonia a person connected within the meaning of Law 3340/2005 with the CEO of the Board of Directors of the company European Reliance General Insurance SA, Mr. Christos Georgakopoulos, bought and sale 234 620 common shares of the Company, with a total value of 328 468 euro.

Following the above transfers Mr. Georgakopoulos direct and indirect participation on the total share capital and voting rights of the Company, increased from 22.6964% to 27.7627%.