Halandri, January 9, 2013

SPRIDER STORES S.A. announces to investors that on January 8, 2013 it has submitted to the responsible court of Thessalonica, a request for entry in a restructuring procedure and reception of precaution measures, according to the provisions of article 99 Law 3588/2007, as it is replaced and valid to date.

The submission of the request was deemed necessary in order to reassure the viability of the company, the interests of its employees as well as for the company to be protected against its debtors.

Management believes that through the entry in the provisions of article 99, the company will succeed the restructuring of its liabilities and the smooth continuation of its operation.

The company will inform investors for any further developments.