REPLY TO HELLENIC CAPITAL MARKET COMMISSION’S QUESTION
HELLENIC SUGAR INDUSTRY S.A.
Thessaloniki, March 28, 2013
REPLY TO HELLENIC CAPITAL MARKET COMMISSION'S QUESTION
Hellenic Sugar Industry S.A., in reply to a respective question raised by the Hellenic Capital Market Commission (ref.no.1257/27-03-2013), that submitted in response to recent developments in Cyprus and with a view to protect investors and the proper functioning of the stock market, informs the investing public the following:
a) There are no deposits of the Group and the Company above 100,000 euros in the Bank of Cyprus and the Bank of CPB.
b) There is no exposure of the Group and the Company in securities or financial instruments of Bank of Cyprus and the Bank of CPB.
c) The percentage of sales inCyprusduring the first half of the current financial year (1/7/2012-30/6/2013) amounts to 1.07% for the Group and 1.56% for the Company.
d) Given the above, the impact on sales, financial results and financial position of the Group and the Company are considered negligible.
e) The Group has 100% participation in the inactive company “Hellenic Sugar Industry S.A. Cyprus Ltd.”, but this fact is also not expected to affect the financial position of the Group.