FINANCIAL RESULTS FOR THE FIRST SIX MONTHS OF 2016 AND APPROVAL OF AN INTERIM DIVIDEND

Vassiliko Cement Works Public Company Ltd announces that the Board of Directors of the Company at its meeting held on 28 July 2016 resolved as follows:

A.      Approved the Consolidated Interim Financial Statements of the Company for the first six months of 2016, a copy of which is attached herewith.

Please note that an extract of the Consolidated Interim Financial Statements for the first six months of 2016 will be published in the local press; hard copies will not be mailed to the shareholders.

Copies of the Consolidated Interim Financial Statements for the first six months of 2016 are available to the shareholders and the investors, at the Registered Offices of the Company, at 1A Kyriakos Matsis Avenue, “Koupadi” Building, 4th Floor, 1082 Nicosia.

B.      Approved the payment of an interim dividend for 2016 of €5.754.876 corresponding to €0,08 per share.

The dividend will be paid to the entitled shareholders of the Company who will be registered on the CSE registry on 9 August 2016 (record date).  The share of the Company will be traded in the CSE ex-dividend as of 8 August 2016.

Investors that will purchase shares at the CSE by close of business on 5 August 2016 (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 6 September 2016.