ANNOUNCEMENT

FTSE Russell has conducted a detailed review of the operation of the FTSE-Med Index for the six-month period from May 2017 to October 2017, in accordance with the Ground Rules of Operation of the Index. Following the relevant assessment by FTSE Russel, the new composition of the Index for the next six months is announced here below in order to inform investors. During the current review of the composition of the Index and in accordance with the Ground Rules, it is noted that the Index includes fifty-six (56) companies from the Stock Exchange, twenty-nine (29) companies from the Athens Stock Exchange and five (5) companies from the Cyprus Stock Exchange (CSE). During the next six months, the Index will comprise the following companies:

Company Country

1 Teva Pharmaceutical ISR 2 Coca-Cola HBC AG GRC 3 ISR 4 ISR 5 Azrieli Group ISR 6 ISR 7 Hellenic Telecommunications Organization S.A. GRC 8 Chemicals ISR 9 Nice Ltd ISR 10 ISR 11 Mizrahi Tefahot Bank Ltd. ISR 12 ISR 13 OPAP GRC 14 ISR 15 Ltd ISR 16 Alpha Bank S.A. GRC 17 National Bank of Greece S.A. GRC 18 Hellenic Petroleum S.A. GRC 19 Motor Oil Hellas Corinth Refineries S.A. GRC 20 ISR 21 Melisron ISR 22 Jumbo S.A. GRC Company Country

23 Group ISR 24 First Intl Bank of Israel (5) ISR 25 Gazit Globe (1982) Ltd ISR 26 Amot Investments Ltd. ISR 27 Eurobank Ergasias SA GRC 28 Titan Cement Co. S.A. GRC 29 Airport City Ltd ISR 30 Alony Hetz Properties & Inv ISR 31 Paz Oil ISR 32 Oil Refineries ISR 33 Ltd ISR 34 Bank of Cyprus Holdings Plc CYP 35 Mytilineos Holdings S.A. GRC 36 Ltd. ISR 37 Harel Investments & Finance ISR 38 ISR 39 Folli Follie GRC 40 Piraeus Bank S.A. GRC 41 Phoenix Holdings ISR 42 Insurance & Financial Holdings Ltd. ISR 43 Clal Insurance ISR 44 Grivalia Properties R.E.I.C GRC 45 Bayside Land Corp ISR 46 Big Shopping Centers (2004) ISR 47 IDI Insurance Company Ltd ISR 48 Israel Ltd. ISR 49 Shikun & Binui Ltd ISR 50 Jerusalem Oil Exploration ISR 51 ISR 52 VIOHALCO SA/NV (CB) GRC 53 Partner Communications ISR 54 Nova Measuring Instruments Ltd ISR 55 ISR 56 Electra (Israel) Ltd ISR 57 Brack Capital Properties ISR 58 Menorah Mivtachim Holdings Ltd ISR 59 Athens Water Supply & Sewerage GRC 60 Delek Automotive Systems ISR 61 Jerusalem Economy ISR 62 Africa Israel Properties ISR 63 Matrix LT Ltd ISR 64 REIT 1 Ltd ISR 65 Rami Levi Chain Stores Hashikma Marketing 2006 Ltd ISR 66 Aegean Airlines S.A. GRC 67 Property And Building ISR 68 Formula Sys ISR 69 Lamda Development S.A. GRC 70 Naphtha Israel Petroleum Corp ISR 71 Terna Energy GRC 72 Public Power Corp. S.A. GRC 73 IPTO Holdings SA GRC 74 Gr. Sarantis S.A. GRC 75 Gek Terna GRC Company Country

76 Norstar Holdings Inc. ISR 77 B Communications Ltd. ISR 78 Piraeus Port Authority S.A. GRC 79 Gilat Satellite Networks ISR 80 Hellenic Exchanges SA GRC 81 Fourlis Holdings S.A. GRC 82 Ellaktor GRC 83 Vassilico Cement Works Public Company Ltd CYP 84 CENERGY HOLDINGS S.A. (CB) GRC 85 AudioCodes Ltd ISR 86 ISR 87 Intralot S.A. GRC 88 Hellenic Bank Public Company Ltd CYP 89 Petrolina (Holdings) Public Ltd CYP 90 Logicom Public Ltd CYP

The reviewed index with the above companies will be effective as of Monday, 11 December 2017.

Nicosia, 04 December 2017