Lanitis Golf Public Co Ltd

Report Publication Announcement • Apr 22, 2016

Lanitis Golf Public Co. Ltd Γραφείο Γραμματέα

Γεωργίου Γενναδίου αρ. 10 Αγαθάγγελος Κωρτ, 3^ος οροφος Γραφείο 303 3041 Λεμεσός - Κύπρος

Τηλ.: +357 25871600 Φαξ: +357 25362001

Announcement

Mr. Nontas Metaxas General Manager CSE Nicosia

22 April, 2016

Dear Mr. Metaxas,

Subject: Approval and Publication of the Audited Financial Statements of Lanitis Golf Public Co Limited, for the year ended December 31, 2015

Based on the regulations of the Emerging Companies Market of the Cyprus Stock Exchange (the "CSE"), we hereby would like to inform you that the Board of Directors of Lanitis Golf Public Co Limited (the "Company") at its meeting held on 22 April 2016, considered and approved the Annual Financial Statements for the year ended 31^st December 2015 (the "Report") which were prepared in accordance with the International Accounting Standards and International Financial Reporting Standards, which are attached to this announcement.

The full Report will be available at the Company's offices, 21 Archbishop Kyprianou Street, 3036 Limassol and at the Cyprus Stock Exchange website (www. cse.com.cy).

Sincerely, On behalf of the Company

Panayiotis M. Charalambous for P&D Secretarial Services Ltd Secretary