The Mall of Cyprus (MC) Plc

Notice of Dividend Amount • Mar 16, 2017

THE MALL OF CYPRUS (MC) PLC

("The Company")

ANNOUNCEMENT

The Directors of the Company, having considered the financial status of the Company as depicted in the interim financial statements for the six-month period ended 31 December 2016 (the "Interim Financial Statements"), and which have been announced on the CSE on 23 February 2017, resolved on 16 March 2017 to declare interim dividends in the aggregate amount of EUR 15,000,000, corresponding to EUR 0,15 per share (i.e. 30% on the share's nominal value) (the "Interim Dividends"), to the holders of shares in the Company, as these shall appear in the records maintained by the CSE on March 28, 2017 (the "Record Date").

Payment of the Interim Dividends shall be effected on 7 April 2017.

It is noted that the shares of the Company will be negotiated in the CSE without the right to participate in the distribution of the dividends as from 27 March 2017 (the "Ex-Dividend Date").

Finally, the Company wishes to clarify that, although it announced on 23 February 2017 that it would not declare interim dividends in connection with the period covered by the Interim Financial Statements, the Directors reconsidered this position and believe that it will be in the best interests of the group to which the Company belongs, and by extension to the Company itself, that interim dividends are in fact declared.

For the Company

MONTRAGO SERVICES LIMITED Montrago Services Limite

Secretary

Date: 16 March 2017