Announcement of Merger Process through absorption of STRAPTECH SA by M.J. MAILLIS S.A.

M. J. MAILLIS S.A.

Announcement of Merger Process through absorption of STRAPTECH SA by M.J. MAILLIS S.A.

Announcement of Merger Process through absorption of STRAPTECH SA by M.J. MAILLIS S.A. :

M.J. MAILLIS S.A. (“the Company”) announces that the Boards of Directors of the Company and its affiliate STRAPTECH S.A. decided on April 4, 2013 the renewal – ratification of their resolutions dated 28.12.2012 regarding: a) the commencement of the merger process through absorption of its 100% affiliate STRAPTECH S.A. by the Company, pursuant to the provisions of article 78 of C.L. 2190/1920 and articles 1-5 of L. 2166/1993 and b) the setting of the 31.12.2012 as the date of the transformation balance sheet.

Above decisions were adopted with the intention to achieve lower operational costs and economies of scale, as results of above merger.

The absorbing Company will not issue new shares, since it possesses the total share capital of the company under absorption STRAPTECH SA.

The aforesaid merger is subject to the licensing and approval of the competent authorities.