Demetra Holdings Plc

DEMETRA INVESTMENTS

ISSUER / ASSET	SECTOR	MARKET	CATEGORY OF	NUMBER OF	CURRENT VALUE	TOTAL CURRENT	PERCENTAGE OF
			TITLE	TITLES		VALUE	TOTAL ASSETS
					€	€	%
1.Investments in	Land and Property
Land and Property	Development
Development		N/A	Other investments	N/A	30.114.762
- in Cyprus		N/A	Other investments	N/A	6.963.000
- in Romania		N/A	Other investments	N/A	4.411.584	41.489.346	34.98%
- in Bulgaria
2. Bank deposits and	N/A	N/A	N/A	N/A	30.828.809	30.828.809	25.99%
cash
3. Hellenic Bank	Financial	Main Market	Shares	19.954.056	15.634.623
Public Company Ltd	Corporate bonds	Bonds Market	Convertible	23.441	7.032	15.371.655	12.96%
			Securities HBCS1
4. Investments in	Other projects	N/A	Other investments	N/A	9.681.173	9.681.173	8.16%
other projects
5. Logicom Public Ltd	Technology	Main Market	Shares	7.615.937	5.468.243	5.468.243	4.61%
6. Allianz Euro High	N/A	N/A	Equity Fund	1.853	2.972.946	2.972.946	2.51%
Yield Bond IT
7. A&P (Andreou &	Consumer goods	Alternative Market	Shares	18.500.000	1.850.000	1.850.000	1.56%
Paraskevaides) Ent.
Plc Co Ltd (Note)
8. Allianz RCM	N/A	N/A	Equity Fund	672	1.849.493	1.849.493	1.56%
European Equity Dividend IT

9. A. Tsokkos Hotels	Consumer services	Main Market	Shares	15.565.000	1.525.370	1.525.370	1.29%
Public Ltd
10. Allianz Europe	N/A	N/A	Equity Fund	6.270	1.433.597	1.433.597	1.216%
Equity Growth AT
TOTAL				61.667.229	112.470.632	112.470.632	94.84%

Total assets €118.595.631

Net asset value per share as at 31 December 2016: €0.5819

The fully diluted asset value is not applicable.

The market value of the listed investments was calculated on the basis of the bid price as at 31 December 2016.