FOURLIS S.A.

Share buy-back announcement

Fourlis Holdings S.A. hereby announces, in accordance with article 4, paragraph 4 of Regulation 2273/2003 of the European Commission and pursuant to relevant resolution of the Annual General Meeting of its shareholders dated 11 June 2010 and of its Board of Directors dated 24 August 2010, that on 27 August 2010 it bought back 4.130 shares at an average price of euro 6,40 per share, with a total value of euro 26.432,00. The shares were purchased through EFG Eurobank Securities.