DIVIDEND PAYMENT APPROVAL

Vassiliko Cement Works announces that at the Annual General Meeting of its shareholders held on 29 May 2014, amongst the resolutions passed, all of which are included in our previous announcement of the 30 May 2014, the payment of a dividend out of the Company’s reserves amounting to €1.079.039 corresponding to €0,015 per ordinary share was approved.

The dividend will be paid to the entitled shareholders of the Company that will be registered at the CSE registry as at 13 June 2014 (record date).  The shares of the Company will be traded in the CSE without the right to the dividend (ex-dividend) as from 11 June 2014.

Investors that will purchase shares at the CSE by close of business on 10 June 2014 (Last Cum Date) will be entitled to the dividend.  It is noted that shareholders entitled to the dividend will also be the holders of shares based on an off exchange transfer to be completed by the record date.  Payment of the dividend will be made (effected) till the 25 June 2014.