Athens, September 29th, 2017

First Half 2017 Financial Results

Earnings before taxes increased by 66.5%, during the first half of 2017, amounting to € 20.3 million from € 12.2 million in the first half of 2016. Earnings after taxes amounted to € 11.9 million from € 7.3 million in the first half of 2016, posting also an increase of 62.4%. The significant increase is mainly due to the reclassification of the financial statements of the Company for the period 1.1.2016 to 30.06.2016, which is presented in detail at note 28 of the financial statements.

Turnover declined slightly by 1.7% formed at € 151.8 million from € 154.4 million in the corresponding period of 2016.

Earnings before interest, taxes, depreciation and amortization (EBITDA)* decreased by 32.7% amounting to € 29 million from € 43.2 million in the first half of 2016, due to an increase of the various provisions by € 11.2 million. Similarly, there is a decrease of 56.6% in earnings before interest and taxes (EBIT) amounting to € 10.4 million from € 23.9 million in the first half of 2016.

* Alternative Performance Measure- See section Alternative Performance Measurement Indicators in the Semi Annual Financial Report 2017. The Data & Information for the period from 01.01.2017 to 30.06.2017 are published together with the Semi Annual financial report of the same period and are posted on the Company's web site at www.eydap.gr.