Blue Island PLC

AGM Information • Jun 26, 2013

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

25th June 2013

Dear Mr. Metaxas,

ANNOUNCEMENT

BLUE – Annual General Meeting Results

The Annual General Meeting of Blue Island Plc took place on June 25, 2013 at the company's registered office. The AGM dealt with the agenda and approved the following:

• 1. Approved the Director's Report, the Audit Report and the consolidated financial statements of the company for the year ended 31st of December 2012.
• 1. Re-elected Messrs. Antonakis Andronikou and Iosef Korellis as Board Members (relevant re-appointment statements are attached).
• 1. Authorised the Board of Directors to set their remuneration.
• 1. Approved the re-appointment of JCP AuditCo Ltd as external auditors and authorised the Board of Directors to set their remuneration for 2013 (relevant re-appointment statement is attached).

For and On Behalf of Blue Island Plc,

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

Copy: Cyprus Securities and Exchange Commission