Blue Island PLC

Regulatory Filings • May 10, 2016

To: Mr. Nondas Cl. Metaxas, Director General of Cyprus Stock Exchange, Nicosia

1Oth May 2016

Dear Mr. Metaxas

ANNOUNCEMENT

BLUE - Auditors Resiqnation

We wish to inform you that our Auditors JCP AuditCo Ltd, do not wish to be reappointed as Company Auditors on the next Annual General Meeting of the company.

Relevant Notification of Resignation according to Article 135(2), is attached.

New Auditors will be appointed during the next Annual General Meeting of the Company that is scheduled for the 1Sth of June 2016.

Remaining, at your disposalfor any further information/clarifications you might need.

Yours Sincerely,

r,.... t..s.... !

Secretary -,1r,.... Yiannos Economides

Copv: Cyprus Securities and Exchange Commission

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