Blue Island PLC

Report Publication Announcement • Apr 28, 2016

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

28th April 2A16

Dear Mr. Metaxas,

ANNOUNGEMENT

BLUE - Board of Directors Meetins approved final 2015 results. set AGM date and dividend proposal pavment

We wish to inform you that the Board of Directors of Blue lsland Plc met today, 28th of April 2016, and dealt with the following:

• 1. Examined and approved the financial statements for the period ended December 31, 2015. The results are attached. Full copies are available from the company's registered office in 10 Polyfimou Street, Strovolos lndustrialArea, 2033 Strovolos, tel 22516555. The final results will also be published on the company's web site at http://www. blue-island.com. cv .
• 1. Decided to hold the shareholders Annual General Meeting on June 15,2016 at 11:30am, at the company's registered office on the address mentioned in (1) above.
• 1. Decided to propose to the AGM the payment of a dividend of €0,016 per share of nominal value €0,17 (that is, 9,41o/o on the nominal value of the share). The total dividend to be payed (subject to AGM's approval) will be €247.005.

Subject to the approval of the AGM, the registered shareholders on the Sth of July 2016, will be eligible to the dividend (record date). Consequently, shares of Blue lsland Plc traded on or after 4th of July 2016, will not be eligible to dividend (ex-dividend date).

Finally, shareholder payment date of the dividend (subject to AGM's approval) will be before the 14th of July, 2A16.

lgu\$lD PLc

Secretary iannos Economides

Copv: Cyprus Securities and Exchange Commission

flotr094pou 1 0, Brop. lleproX4 EtpoB6trou,2033 lrp6Botroq T.K.26073,1666 Aeuxuro(o lTql.: 22 516555, @aE:22 518044 e-mail: info@blue-island.com.cy

10 Polyfimou Street, Strovolos lndustrial Area,2033 Strovolos P.O.Box: 2607 3, 1 666 N icosia lTel.: 22 5 1 6555, F ax: 22 5 1 8044 www.blue-island.com.cy