Thessaloniki, January 23^rd,2013

Under the provisions of article 10, par. 1 of L. 3340/2008 and article 2, par. b of the decision 3/347/12-07-2005 of the Board of Hellenic Capital Market Commission, “ELGEKA S.A.” informs the investing public that today, Wednesday, 23.01.2013, proceeded to sign of Memorandum of Understanding (M.o.U.) with the Turkish company "SEBA DIS TICARET VE NAKLIYAT A.S.” having as basis the following main areas:

a) the joint establishment of holding company, with an initial share capital of 50 thousand euro, in order to acquire initially the 50.36% stake of the share capital of the company "GREEK COOPERATIVE CIGARRETE MANUFACTURING COMPANY (SEKAP S.A.)" based on the binding offer by the Turkish company, as filed on 15.10.2012 to the special liquidator of "AGRICULTURAL BANK OF GREECE S.A.". The participation percentage of ELGEKA S.A. or any of its subsidiaries in the capital of the newly formed company will amount to 19%.

b) the commitment of the Turkish company for the assignment of both the project of providing 3PL services for products of "GREEK COOPERATIVE CIGARRETE MANUFACTURING COMPANY (SEKAP S.A.)" and the exclusive trade of those products within the Greek territory in companies of ELGEKA Group.