Isxis Investment Public LTD

Business and Financial Review • May 24, 2013

ANNOUNCEMENT

Interim Management Statement for the period from 01/01/2013 as at 23/05/2013.

At the meeting held on May 24, 2013, the Board of Directors of Isxis Investments Public Ltd examined and approved the Interim Management Statement pursuant to article 11 of the Transparency Requirements Law 190 (I) 2007.

The Company showed loss. Its assets as at March 31, 2013 was €704.231 while its portfolio in titles stood at €516.373.

The net asset value per share as at March 31, 2013 stood at €0,0589 compared to €0,0629 as at December 31, 2012. According to its net asset value, there was a negative yield in the Company.

There were no other revenues, profits or losses from non-recurrent activities except for the main activities of the Company.

The Financial position of the Company may be adverse effects of the extremely serious developments on the decisions of EUROGROUP concerning the Cyprus economy, which can't be estimated correctly at this stage. Possibly the Company's portfolio to be affected prospects for the period until the end of 2013 are not favorable and the indications signal low growth for years to come. This is expected to have a negative impact on the Cyprus capital and consequently the Company's results.

There are no other significant developments or deals affecting the Company's financial condition.

Anteva Secretarial Services Ltd Secretary.

24/05/2013

Cc: Cyprus Securities and Exchange Commission.