Viohalco S.A. — Share Issue/Capital Change 2016

Jul 15, 2016

PRESS RELEASE OF VIOHALCO SA

Brussels, 15 July 2016

The enclosed information constitutes regulated information as defined in the Law of 2 August 2002 and the Royal Decree of 14 November 2007 on the obligations of issuers of financial instruments admitted to trading on a regulated market.

Announcement on settlement of fractional rights to shares

Viohalco SA (hereinafter the Company) announces that 3,525 shares deriving from fractional rights on the Company's new dematerialized shares, deposited via ATHEX CSD, have resulted by the Company's share capital increase, approved at its Extraordinary General Meeting of the Shareholders, dated February 17, 2016. It is reminded that the Company's share capital was increased by EUR 24,227,956.76, due to the absorption of «ELVAL HOLDINGS SA», «DIATOUR, MANAGEMENT AND TOURISM SA», «ALCOMET COPPER AND ALUMINIUM SA», and «EUFINA SA» in compliance with the provisions of the Directive 2005/56/ΕC of the European Parliament and the Council of 26 October 2005, of the Greek Law 3777/2009 in conjunction with the provisions of the Greek Codified Law 2190/1920 and the article 772/1 and following of the Belgian Companies Code (the BCC), followed by the issuance of 38,250,030 new shares, without nominal value, which are traded on the Euronext Brussels and on the Athens Exchange (ATHEX).

Pursuant to article 44a paragraph 2 of the Greek Law 2396/1996, as now in force, and the Decision No 13/375/17.3.2006 of the Board of Directors of the Hellenic Capital Market Commission (HCMC), the Company invites the holders of fractional shares to either sell such shares or round them up to the nearest whole number of shares until the September 7, 2016, when the relevant six-month deadline provided for in Greek Law, expires.

Following the expiration of the aforementioned deadline, any outstanding fractional shares will be sold according to the procedure provided for in the Regulation of the ATHEX. The procedure requires the approval of the HCMC and the appointment of a member of the ATHEX that will execute the sale. The net proceeds from the sale, after the deduction of any related fees and taxes, will be deposited with the Greek Loans and Deposits Fund. The former fractional shares holders will be entitled to receive their portion of the deposited amount on a pro rata basis.

Further information on the matter, such as the date of sale of fractional shares, the result of the sale, the date of award of the net proceeds of the sale, after the deduction of any related fees and taxes, to the beneficiaries, as well as the necessary documentation that shareholders must submit to the Greek Loans and Deposits Fund, will be timely announced by the Company at a later date.

About Viohalco

Viohalco is the holding company of various metal processing companies in Europe, based in Belgium. With production facilities in Greece, Bulgaria, Romania, Russia, Australia, FYROM and the United Kingdom, Viohalco's subsidiaries specialise in the manufacture of aluminium, copper and cables, and steel and steel pipes products, generating an annual revenue of EUR 3.3 billion. In addition, Viohalco and its companies own substantial real estate properties in Greece and have redeveloped some of its properties as real estate development projects. For more information about our company, please visit our website at www.viohalco.com

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