2.5% of MLS to an investment company from Qatar

Following its obligation of informing about important business developments MLS announces the following:

An investment company from Qatar acquired 2.5% of the listed company MLS from the main shareholder Mr. John Kamatakis. The transaction was executed by Alpha Finance and refers to 310,425 shares at 2,70€ each. The agreement between the investment company and MLS specifies that, after the acquisition of the foresaid percentage, joint activity in the markets of Qatar and other Middle Eastern countries is planned in order to promote MLS's entire product range (navigators, smartphones, interactive boards). For the next 12 months the investment company has the right to acquire an additional 2.5% (total 5%) at the closing stock price on the day before the date chosen by the investor to acquire the additional percentage.