According to paragraph 4.1.3.1 of Athens Stock Exchange Market' s Regulation, the company HERACLES G.C.C. announces that regular tax audit of fiscal years 2009 and 2010 was completed. Based on the results of the tax audit, the overall charge for the Company amounts to 2.606 Euro thousand. In addition, the tax audit by the regular Certified Public Accountant for year 2011 was completed and the issued tax certificate has unqualified opinion.

The reversal of tax provision for the above audited years, including 2011, that had been recognised by the Company was 4.820 Euro thousand. The above mentioned amounts have been recognised in the results of the first semester of 2012.