Minerva Insurance Company Public LTD

Pre-Annual General Meeting Information • Jul 10, 2015

Nicosia, 10 July 2015

To: CEO Cyprus Stock Exchange Nicosia

Sir, Re: Invitation to the Annual General Meeting posted

We hereby inform you that the invitations to the Annual General Meeting of the Company's shareholdersto be held on Wednesday 29 July 2015 at 6:00 pm at the HILTON Hotel in Nicosia, were posted today to the Company's shareholders with the following agenda:

• (1) The Board of Directors' Report and the Independent Auditors' Report and submission and approval of the Company's audited financial statements for the year ended 31 December 2014. All documents will be available at the Company's Head Office and each member entitled to request and obtain them may, if he so wishes, contact the Company's Shares Department.
• (2) Election of the members of the Board of Directors in replacement of those retired by rotation.
• (3) Fixing of the remuneration of the members of the Board of Directors.
• (4) Re-appointment of KPMG Ltd as Independent Auditors and authorization of the Board of Directors to fix their remuneration.
• (5) Any other matter which may, pursuant to the Company's regulations, be presented at the Annual General Meeting.

The Annual Report 2014, pursuant to the Companies Law, Cap. 113, is available to the shareholders, as so notified, in electronic form via the CSE website, www.cse.com.cy, and in printed form at the Company's Head Office (165, Athalassas Avenue, 2024 Strovolos, Nicosia).

The Annual Report will also be available in printed form during the Company's General Meeting.

Yours,

Takis Antoniou Secretary

cc. Cyprus Securities and Exchange Commission