Announcement of HERACLES GENERAL CEMENT COMPANY Codified Articles of Association Draft of Amendment

In accordance with provisions of article 19 par. 2 of L. 3556/2007 and in view of the meeting of the Extraordinary General Assembly on Monday August 27^th, 2012, in the company's Headquarters (19,3 km of Markopoulou Avenue, Paiania 19002 Attica) ΗERACLES GENERAL CEMENT COMPANY announces that it intends to amend article 4 of the Company's Articles of Association, as a result of the proposed Reduction of the Company's share capital by the amount of 69,661,052.86, with a reduction of the nominal value of each share for 0.98 euros per share (from 2.68 to 1.70 euros) and equal payment in cash to shareholders.

After the decision on the above issue, it is proposed that a new text will be added to article 4 para. I of the Company's Articles of Association, which is being proposed to be drafted follows:

(…) By virtue of the resolution of the Extraordinary Shareholders General Meeting on 27 August 2012, the Company Share Capital was reduced by 69,661,052.86 euros by way of reduction of the nominal value of each share from 2.68 to 1.70 euros and payment in cash to the shareholders of 0.98 euros per share. Following the reduction the Company Share Capital amounts to 120,840,601.90 euros and is divided into 71,082,707 registered shares with a nominal value of 1.70 euros per share. (…)