Agros Development Company "Proodos" Public LTD

Major Shareholding Notification • Jun 3, 2015

ANNEX 2

NOTIFICATION BY THE ISSUER OF THE ACQUISITION OR DISPOSAL OF MAJOR HOLDINGS BY THE SHAREHOLDER IN ACCORANCE WITH SECTION 172

NAME OF THE ISSUER COMPANY:	DATE OF TRANSFER:
AGROS DEVELOPMENT PUBLIC CO "PROODOS" LTD	29 MAIOY 2015
% VOTING RIGHTS BEFORE THE DAY OF TRANSFER	% VOTING RIGHTS AFTER THE DAY OF TRANSFER
HADJIJOSEPH NICOS 5,57%	HADJIJOSEPH NICOS 2,79%

I declare that, to the best of my knowledge, all the aforementioned information is correct and true.

ΣΑΒΒΑΣ ΜΕΝΕΛΑΟΥ $5.177$ A.T. 153123 ٠ ù JΘ. J 24 ΠΡΟΟΔΟΣ' J. MITE Signature

3 louviou 2015
. Date

Note:

This notification should be filed by the issuer with the Cyprus Stock Exchange and the Cyprus Securities and Exchange Commission, not later than the next trading day of the day preceding the following dates:

• the day on which the issuer received the notification of section 171, or $(a)$
• the day on which the issuer entered into the shareholders' registry the relevant change of on which the $(\beta)$ issuer formally learned or should have learned of the change. The unofficial English text is for information purposes only. The official text is in the Greek language.