Claridge Public LTD — AGM Information 2015

Jan 30, 2015

Claridge Public Limited

Office of the Secretary

10, George Gennadiou Street, Agathangelos Court, office 303, P.O. Box 50012, 3600 Limassol Tel.: 25871600, Fax: 25362001 Email: info@pkdlaw.com

Notice of Extraordinary General Meeting

Notice is hereby given that on 17 February 2015, Tuesday, at 11:00 a.m., an Extraordinary General Meeting of the Company will be held at Amathus Beach Hotel Limassol in Limassol, which will consider the following ordinary resolution.

ORDINARY RESOLUTION

That the decision of the board of directors of the Company which was taken on 22 January 2015 and relates with the acceptance of the proposal made by K.A. Olympic Lagoon Resort Limited for acquiring by the said company of the Company's hotel Amathus Beach Hotel Paphos as well as 2 apartments at Apollo Heights in consideration of the sum of €35.000.000 in cash be approved and ratified and by the present resolution is approved and ratified.

Explanatory Note: On 22 January 2015 the board of directors of Claridge Public Limited, having examined the written proposal of K.A. Olympic Lagoon Resort Limited, into which Kanika Hotels Limited participates with a 52% share and Amathus Public Limited with a 48% share, and having taken into consideration various factors as well as two valuations made by independent valuers as regards the value of the hotel Amathus Beach Hotel Paphos, decided to accept the proposal of K.A. Olympic Lagoon Resort Limited for the sale to this company of the hotel Amathus Beach Hotel Paphos for the sum of €34.450.000 and the 2 apartments at the Apollo Heights for the sum of €550.000. The decision of the board of directors was taken under condition for being ratified by the General Meeting of the shareholders of the Company, hence the present Extraordinary General Meeting.

Limassol, 26 January 2015

By order of the Board of Directors

cretarial Services Limited P&D Secretary

Claridge Public Limited

PROXY

$To -$ CLARIDGE PUBLIC LIMITED

P.O. Box 50012, 3600 Limassol* fax:00357 25 362001* e-mail: pmc@pkdlaw.com*

(*you must choose the way of sending this proxy)

I/We ______
					of
shareholder of Claridge Public Limited, hereby appoint
(I.D.no./registration/passport), or in his/her absence
0f
(I.D.no./registration/passport
and vote in my/our stead at the Extraordinary General Meeting of the shareholders of the Company,
which take place on 17 February 2015 and of any adjournment of it.

Signed today ....................................

Signature....................................

Notes:

In case of a corporate body it is necessary for the official seal of it to be affixed on this document and the $1₁$ signature of its authorized persons.

In case of joint holders of shares, proxies may be given solely by the shareholder whose name appears $2.$ first in the Register of Members.

The authorized person/proxy must not be a shareholder of the Company. 3.

The shareholder giving the proxy has powered to fix the way that the authorized person shall vote. If $\mathbf{4}$ there will no indication as to the way that the authorized person shall vote, then such authorized person can vote or abstain from voting at will.

Way of voting:

For/Against the ordinary resolution for approving the decision of the board of directors of the Company dated 22/01/2015 for the sale of the hotel Amathus Beach Hotel Paphos.

Indicate your preference.

FOR INTERNAL USE
Code for Represented shareholder	Code for Representative/Proxy
Number of shares	Date received