PRESS RELEASE

INTERIM FINANCIAL STATEMENTS

Of the period from 1^st July 2012 to 30^th September 2012

The Board of Directors of HSI S.A during its meeting on Monday 26/11/2012 gave its approval for the financial reports of HSI S.A and of the Group covering the period from 01/07/2012 until 30/09/2012. According to the approved financial statements the Company's turnover amounted to € 50.71 mil presenting an increase of 7.48% as compared to the respective period of the previous fiscal year.  The Group's Turnover (including the subsidiary companies of Serbia) reached € 76.11 mil presenting an increase of 24.94% as compared to the respective period of the previous financial year.

The Company's gross profit margin reached 14.74% at the period 01.07.2012-30.09.2012 compared to 17.16% at the respective period of the previous fiscal year. Respectively, for the Group the gross profit margin for the period 01.07.2012-30.09.2012 reached 22.65% compared to 25.16% at the respective period of the previous fiscal year.

Earnings before interest, tax, investment results and depreciation (EBITDA) of the Company reached €5.26 mil from € 4.69 mil presenting an increase of 12.13% as compared to the respective period of the previous financial year. Earnings before interest, tax, investment results and depreciation (EBITDA) for the Group, reached € 14.23 mil as compared to € 9.62 mil presenting an increase of 47.99% as compared to the respective period of the previous financial year.

Earnings before tax for the Company reached € 0.71 mil as compared to € 0.31 mil at the respective period of the previous financial year, presenting an increase of 132.51%. Consolidated Earnings before tax reached € 8.61 mil as compared to 4.27 presenting an increase of 101.73% as compared to the respective period of the previous financial year.

Finally, Net Profits after tax for the Company reached €0.24 mil from € 0.33 mil at the respective period of the previous financial year. The Net Consolidated Profits after tax reached € 7.47 mil from € 3.17 mil, increased by 135.28%.

Figures and Information for the period from July 1^st, 2012 to September 30^th, 2012 are published in the press tomorrow Thursday, November 29^th, in the newspaper Kathimerini and will be available, along with the financial reports of the same period on the webpage of the company www.ebz.gr as well as the webpage of the Athens Stock Exchange www.athex.gr.

Finally, HSI S.A makes an announcement that after the issuance of FEK 2556/20-09-12 by means of which beet cultivation is placed for 5 years in a program of Integrated Crop Management (with a subsidy of 300 €/hectare), on 23/11/12 there was issued a ministerial decision – invitation to beet growers who should submit the relevant applications to HSI SA or the local Ministry of Rural Development and Food departments up to 28/12/12

In view of tied time limits the local agricultural departments of HSI S.A will provide technical support to beet growers so that the applications for participation in the program be submitted on time.