Blue Island PLC

Transaction in Own Shares • Feb 12, 2014

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

12th February 2014

Dear Mr. Metaxas,

ANNOUNCEMENT

BLUE – Board of Directors meeting to examine a buyback scheme of own shares

We wish to inform you that the Board of Directors of Blue Island Plc that will meet on Thursday 27th of February 2014 at 11:00, will also examine a buyback scheme of own shares.

Yours Sincerely,

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

Copy: Cyprus Securities and Exchange Commission