We would like to inform you that the Ordinary General Meeting of shareholders of the companyPetros Petropoulos AEBEwas held today, 13 April 2013, at 12:00 hours at the company's offices at96 Iera Odos St.

Companyshareholders representing 5.384.468 shares (of a total of 7,070,400 shares) were present or represented at the Meeting, a figure which accounts for 76,16% of paid-up share capital and consequently the General Meeting was validly met and had a quorum to examine all items on the agenda.

Item 1: The reports of the Board of Directors and company auditors relating to activities in the management period 1/1 - 31/12/2012 were approved. The Annual financial statements for the period ended 31/12/2012 were also approved.

Item 2: It was decided to release members of the Board of Directors and auditors from all liability to pay compensation for the period 1/1 - 31/12/2012.

Item 3: All manner of fees for members of the Board of Directors for the 2012 fiscal year were approved and advance approval was given for fees for Board of Directors members for 2013.

Item 4: It was decided to elect ordinary and deputy auditors for the 2013 fiscal year following a recommendation from the Audit Committee, and their fees were set.

Item 5: The new Board of Directors was elected for a 5 year period and their responsibilities were determined pursuant to Law 3016/2002 as follows:

Κ. Petropoulos, Chairman, Executive member

Ι. Petropoulos, Vice Chairman and Managing Director, Executive member

G. David, Non-executive and independent member

Ε. Papageorgiou, Non-executive and independent member

Ν. Embeoglou, Non-executive and independent member

Ι. Filiotis, Non-executive and independent member

Ι. Katsouridis, Non-executive and independent member

G. Drakos, Non-executive and independent director

S. Manos  Non-executive and independent director

M. Michaloutsos  Non-executive and independent director

Item 6: Permission was granted in line with Article 23(1) of Codified Law 2190/1920 to members of the Board of Directors and company directors to participate in the Boards of Directors or management of other companies in the Group which pursue similar or related objectives.

All the said decisions were unanimously taken by 76,16% of the share capital, in other words by votes 5.384.468 in favour and 0 votes against.