Demetra Holdings Plc

Report Publication Announcement • Apr 24, 2018

23 April 2018

Re: Final Financial Results 2017, Annual General Meeting

Pursuant to the relevant regulations of the Cyprus Stock Exchange and the Securities and Exchange Commission and in view of informing shareholders and investors as fully as possible, the Board of Directors of Demetra Investment Public Limited, announces the following:

At its meeting of 23 April 2018, the Board of Directors of Demetra Investment Public Limited took the following decisions:

1. Final Audited Consolidated Financial Statements for the year 2017

The Company's Board of Directors examined and approved the audited consolidated financial statements of the Group for the year 2017.

The consolidated statement of profit and loss and the consolidated balance sheet will be published in the daily press. Investors may obtain copies of the audited financial statements, as these have been approved by the Board of Directors, from the Company's registered office, 13 Limassol Ave., 5th floor, 2112 Aglantzia, Tel.: 22818222.

2. Report of the Board of Directors on Corporate Governance

The Company's Board of Directors examined and approved the Board of Directors' Annual Report on Corporate Governance for the year 2017.

3. Annual General Meeting

The Annual General Meeting of the Company's shareholders will be held at the Hilton Park Hotel, on Thursday, 6 September 2018, at 5.30 p.m. in Nicosia.

4. Repurchase of own shares

The Board of Directors decided to propose to the Annual General Meeting of the shareholders the following resolution for approval:

That the Company's Board of Directors be authorised and it is hereby authorized to proceed, if it deems fit and in the interest of the Company, to acquire its own shares, pursuant to the provisions of Article 57A of the Companies Law, Cap. 113 (as amended) (the "Law"). The minimum and maximum acquisition price of the Company's shares will not exceed 5% of the average market value of the Company's shares over the last five trading sessions prior to the said acquisition. The Company may acquire up to the maximum number of shares provided for by the Law within a period of 12 months from the date of approval of this resolution of the Company's Extraordinary General Meeting. The shares may be acquired either by private agreement or from the market and the Company may hold the shares for a period not exceeding two years from the date of their acquisition.

Dr. Nikos Michaelas Secretary