Announcement

By this present we hereby notify you according to provisions of article 13 of Greek Law 3340/2005 and pursuant to the relevant notification received by FOLLI FOLLIE GROUP on 27-08-2013, that on 27-08-2013 an Over-the-Counter transaction took place for the transfer of a block of shares of Mr. Dimitrios Koutsolioutsos issued by FOLLI FOLLIE GROUP, to a company of his own interests under the name of “CORDIAL WORLWIDE LTD”, which has its registered office in the British Virgin Islands (B.V.I.) of which 100% of shares is owned by himself and which is under his control. More specifically, the said block of shares included 1.550.000 common bearer shares of FOLLI FOLLIE GROUP, of a value of 18 Euro each.
Mr. Dimitrios Koutsolioutsos sent the above notification to the Issuer on 27-08-2013 based on article 13 of Greek Law 3340/2005, being a person exercising managing duties to it.
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