VARVARESSOS S.A.

Financial results for the 9-month period of 2015

VARVARESSOS S.A. turnover during the 9-month period of 2015 reached 14,12 million EURO compared to 12,42 million EURO in 2014. The company's exports came up to 9,98 million EURO which is 70,72% of the revenues. Losses before depreciation (EBITDA) have reached 1,22 million EURO contrary to losses 1,29 million EURO during the same period of 2014. Losses after taxes reached 2,30 million EURO compared to losses 2,27 million EURO in the 9-month period of 2014.

The aforementioned statements are posted at the company's website www.varvaressos.gr.