Lanitis Golf Public Co Ltd

Report Publication Announcement • Apr 28, 2017

Lanitis Golf Public Co. Ltd

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

Tηλ.: +357 25871600 Φαξ: +357 25362001

Announcement

Mr. Nontas Metaxas General Manager CSE Nicosia

Γραφείο Γραμματέα

28 April, 2017

Dear Mr. Metaxas.

Subject: Approval and Publication of the Audited Financial Statements of Lanitis Golf Public Co Limited, for the year ended December 31, 2016

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 28 April 2017, considered and approved the Annual Financial Statements for the year ended 31^st December 2016 (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

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