Year End 2016 Financial Results

HISTORICAL RECORD ON PROFITABILITY

Following the positive trend that commenced in H2 2013 and despite the prevailing adverse economic environment the EBITDA of our three shopping centers further increased by 8% year-over-year, amounting to €43 million in 2016. EBITDA on a consolidated basis reached €33,8 million, an amount which registers an increase by 12,7% year-over-year and a historical record of profits before valuation effects.    

Share buyback

Hellenic Exchanges- Athens Stock Exchange (the Company) informs investors that, based on Regulations (EU) 2016/1052 and 596/2014, and in implementation of the decision of the Annual General Meeting of shareholders of the Company of 20.5.2015, it purchased own shares; in particular, on 31.3.2017, 18,600 own shares were purchased, at an average price of EUR4.70 per share, and total transaction cost of EUR87,553.14.

The transactions took place through the member of Athens Exchange “Pantelakis Securities”.

Announcement of regulated information according to Law 3556/2007

The company Minoan Lines S.A. announces that the legal entity (Grimaldi Euromed S.p.A) associated with Mr Emanuele G. Grimaldi Chairman of Minoan Lines BoD (Liable person according to the article 13 of L. 3340/2005) on March 29th 2017 bought 1,000 Minoan Lines ordinary shares of a total value of € 2,400.00. The aforementioned announcement is in accordance with L. 3556/2007 (art.3 and 21) and in combination with the resolution of the H.C.M.C. 1/434/3.7.2007 (Art. 11).

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