Karyes Investment Public Company Ltd. announced that Messrs. Panicos Charalambides and Vangelis Sykopetritis, via letters to the Chairman of the Board of Directors, Mr. Kyriakos Kousios dated February 12, 2014, submitted their resignation from the Board of Directors. The Board of Directors, at a meeting held on February 13, 2014, accepted the resignations of Messrs.

Charalambides and Sykopetritis. The resignations are effective from February 12, 2014.