Ellinas Finance Public Company LTD

Capital/Financing Update • May 12, 2020

May 12, 2020

Cyprus Stock Exchange Nicosia

ANNOUNCEMENT

Θέμα: Interest payment to Ellinas Finance Public Company Ltd bondholders

Ellinas Finance Public Company Limited ("Company"), under the applicable law and for the sake of transparency and in order to fully inform ELF shareholders and the investing public, announces that the beneficiaries of the interest payment in relation to the 2,000 secured, non-convertible, five-year bonds, with an interest rate of 3.5%, nominal value of €1,000, that expires in 2024 will be bond holders who on Friday, May 22, 2020 ("Archive Date") will be registered in the Company's register. The amount will be paid to the beneficiaries in Euros until June 5, 2020.

Sincerely,

Constantinos Servos Compliance Officer

Cc: Cyprus Securities and Exchange Commission