S&B Industrial Minerals S.A. announces the successful issue and full coverage of a €110 million unsecured common bond loan, in the context of L.3156/2003 as it stands in effect. The bond issue is arranged by Alpha Bank, EFG Eurobank and Emporiki Bank (Credit Agricole Group) and has a 4 year tenor. The loan will be used for refinancing requirements.

Kriton Anavlavis, CEO of S&B commented, “We are pleased to have completed a large part of our refinancing requirements in such a challenging environment. This reflects the financial markets confidence in our company's solid fundamentals. Our current refinancing programme is consistent with our focus on improving our debt maturity profile, while seeking in parallel to originate debt in line with our diverse geographic footprint.”

Investor Relations Department

18 June 2012