Woolworth (Cyprus) Properties PLC

Board/Management Information • Oct 27, 2015

26 October, 2015.

ANNOUNCEMENT

The Company announce that within the framework of the recent restructuring of the Board of Directors, the Members of the various Board Committees are as follows:

Recruitment Committee:

Demetris Demetriou, Chairman - Non Executive Director Marios N. Shacolas, Executive Director Stefos Stefanides, Non Executive - Independent

Remuneration Committee:

Demetris Demetriou, Chairman - Non Executive Director Nicolas Const. Shacolas, Non Executive - Independent Stefos Stefanides, Non Executive - Independent

Audit Committee:

Demetris Demetriou, Chairman - Non Executive Director Nicolas Const. Shacolas, Non Executive - Independent Stefos Stefanides, Non Executive - Independent

Officers for Compliance with the Corporate Governance:

George Mitsides and Demetris Demetriou

Officers responsible for the relationship with the Shareholders: Marios Panayides and Maria Aristidou

Senior Independent Director:

Stefos Stefanides, Non Executive - Independent

Secretarial:

George Mitsides - Secretary George Michael - Assistant Secretary

For Woolworth (Cyprus) Properties Plc

George Mitsides Company Secretary