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ANNOUNCEMENTS

Kleemann: Press Release

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Within the framework of the article 10 par. 1 of L. 3340/2005 provisions and the decision 3/347/12-07-2005 of the Hellenic Capital Market Commission, KLEEMANN HELLAS S.A. announces that it has acquired 40% of the subsidiarys "Kleemann Liftovi d.o.o" shares at the price of 1,090,000 euros. The aforementioned amount of shares was owned by the subsidiary "Kleemann Liftovi d.o.o" after being acquired from its partner "Grossi Engineering". 

Therefore, the participation of Kleemann Hellas in the Serbian subsidiary now amounts to 100%. 

The above action will assist the further establishment of the subsidiary in the broader area and as a result will contribute in the future in the strengthening of the groups financial figures.

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