The Board of Directors of SPRIDER STORES SA, according to the Law 2190/1920 and the company's Articles of Association, invites the shareholders of common registered shares of the Company, to the Ordinary General Meeting, to be held on Friday, June 28, 2013, at 12:00 at the company's offices, 2, Irodou Attikou street, 546 25 Thessalonica, in order to discuss and resolve on the following items of the daily agenda:

1. Submission and approval of the company's and consolidated annual financial statements according to the IFRS for the full year 01/01/2012 – 31/12/2012, after having audited the relevant reports of the Board of Directors and of the Legal Auditor.
2. Submission and approval of earnings' / (losses) distribution for the full year from 01/01/2012 to 31/12/2012.
3. Discharge of the Board of Directors members' and of the chartered accountant from any responsibility concerning the full year 2012.
4. Approval of the Board of Directors members' remunerations and expenses for full year 2012 and pre – approval for fiscal year 2013.
5. Election of a regular and a replacement chartered accountant for full year 2013 and determination of their compensation.
6. Validation of temporary BoD members' election.
7. Election of a new BoD.
8. Election of audit committee.

Any person appearing as a shareholder (i.e. holder of ordinary registered shares of the Company) in the registry of the Dematerialized Securities System [formerly the Central Securities Depository] managed by Hellenic Exchanges S.A. (“HELEX”), in which the shares of the Company are recorded, is entitled to participate in the Ordinary General Meeting, as outlined below. Proof of shareholder status should be made by presenting relevant written certification from HELEX .Alternatively, proof of shareholder status can be made through direct electronic link-up of the Company with the records of the Dematerialized Securities System. Shareholder status should exist at the latest by 23/06/2013 (recording date) that is the fifth (5) day prior to the General Meeting, dated 28/06/2013, and the relevant written certification or the electronic verification of shareholder status must have been received by the Company by 25/06/2012, i.e. by the 3rd day before the date of the General Meeting.

Only those who have shareholder status on the said Record Date shall be considered to be entitled to participate and vote in the General Meeting. Shareholders who do not comply with the provisions of article 28a of the Codified Law 2190/1920 may participate in the General Meeting only after the Meeting has authorized them to do so. It is noted that in order to exercise the said rights (participation and voting), it is not necessary to block the shares or follow any other similar process that may restrict the ability to sell and transfer shares in the period between the Record Date and the date of the General Meeting.

The appointment and revocation of appointment of a proxy holder shall be made in writing and shall be notified to the Company in writing at least three (3) days prior to the date of the General Meeting.

This invitation represents a summary of the BoD invitation dated June 5, 2013, for the convocation of the annual ordinary shareholders' meeting on June 28, 2013, according to article 26 par. 2c of law 2190/1920. The full text of the invitation and the information of article 27 par. 3 of law 2190/1920 are uploaded on the company's website (www.spriderstores.com).

Hard copies of the full text of the draft resolutions and any documents specified under article 27.3(c) and (d) of the Companies Act can be obtained from the Company's Headquarters (2, Irodou Attikou street, 546 25 Thessalonica).

Thessalonica, June 5, 2013

THE BOARD OF DIRECTORS