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Constantinou Bros Hotels Public Company LTD

Management Reports Sep 24, 2019

2457_rns_2019-09-24_306238c8-9edc-48b2-8739-98c814c8618f.pdf

Management Reports

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Constantinou Bros Hotels Plc

Leoforos Poseidonos 77 Paphos 8042 Cyprus Phone: 26 813 060, Fax: 26 913 132

September 24th, 2019

Chairman of CSE The Cyprus Stock Exchange Nicosia.

Subject : Thomas Cook

Constantinou Bros Hotels Public Company Ltd, hereby wishes to inform the investors that the percentage of tourists that Thomas Cook used to route to our hotels does not exceed 3% of the total. An attempt is being made for this percentage to be recovered through the other co-operations that the group has entered into.

The amount due from up to date sales, will not have any significant impact on the Group's cash flow. We believe that despite the difficulties, the group remains healthy and committed to the goal of developing its business and maintaining the high quality of services it provides to its clients.

The Secretary nastasiou

Copy to: The Capital Market Committee

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