ANNOUNCEMENT

“HYGEIA SA”:  SALE OF ACHILLION HOSPITAL IN CYPRUS

COMPLETED

The company “DIAGNOSTIC AND THERAPEUTIC CENTER OF ATHENS HYGEIA SA” (hereinafter the Company) announces the completion of the agreement for the sale of ‘VALLONE Group', which owns ‘ACHILLION Hospital', to associate physician of the Hospital Mr. Andreas Panagiotou and to the company “CIRCLESERVUS LIMITED”. The consideration has been agreed at €1 and the buyers have agreed to undertake the lending liabilities of VALLONE Group, amounting to approximately €7.7 million, and all other liabilities, amounting to approximately €3.4 million. This transaction is expected to improve the liquidity and financial position of the Company, due to the decrease in the costs associated with financing the operating activities of ‘ACHILLION Hospital' and the reduction in the lending liabilities incorporated in HYGEIA Group's consolidated balance sheet.