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Blue Island PLC

Earnings Release • Feb 27, 2015

2452_er_2015-02-27_b2980209-49ea-436f-909e-1c55cbc13348.pdf

Earnings Release

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

27th February 2015

Dear Mr. Metaxas,

ANNOUNCEMENT

BLUE – Preliminary indicative results for the year ended 31st December 2014

We wish to inform you that at the meeting held today, the Board of Directors of Blue Island Plc examined and approved the indicative results of the company for the year ended 31st of December 2014. The results are attached.

The results will not be posted to the shareholders but will be published in the daily press. Copies will be available at the Company's registered office, 10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos. Finally, the indicative results will be available at the Company's website, http://www.blue-island.com.cy .

Yours Sincerely,

.............................................. Yiannos Economides Secretary

Copy: Cyprus Securities and Exchange Commission