21 January 2015

Resignation of Vice Chairman of the Board of Directors

The Board of Directors announces that Mr Nikolaos Gerarhakis resigned from his position as Vice Chairman, Executive Director and Representative of J&P-AVAX SA, retiring from a career spanning 45 years of work.

The Board of Directors, all personnel, associates and management of J&P-AVAX Group express their appreciation and thank Mr Gerarhakis for his long and valuable contribution to the development and growth of the company.

Marousi, January 21, 2015
THE BOARD OF DIRECTORS

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