Asbis Enterprises PLC — Earnings Release 2018

Oct 31, 2018

Title: Upward adjustment of the financial forecastsfor 2018

Legal Ground:Art.17 ust.1 MAR - inside information

Message:

The Board of Directors of ASBISc Enterprises Plc("the Company") hereby announces the adjusted Company's financialforecast for Y2018.

Originally, through our current report no. 8/2018 theCompany forecasted for 2018 that it would reach the following:

- Sales revenues at the level between USD 1.8 billionand USD 1.9 billion,

- Net profit after tax at the level between USD 9.0million and USD 10.0 million

After adjustment, the Company forecasts for 2018 thatit will reach the following

- Sales revenues at the level between USD 2.1 billionand USD 2.2 billion,

- Net profit after tax at the level between USD 11.5million and USD 13.0 million

The lower range of adjusted forecast is approx. 11%higher with therelation tothe revenues and 15% higher with the relation to the net profit aftertaxcompared to the upperrangeof the original forecast. The reason for the upward adjustment is due toa stronger than originally expected growth of business resulting inhigher revenues and net income.

Other assumptions described in the current report no.8/2018 have not been changed.