31.8.2011

Announcement – Replacement of resigned Board Members

“MARFIN INVESTMENT GROUP HOLDINGS S.A.” hereby announces that by its resolution of

30.8.2011 the Board of Directors elected Messrs David Smoot and Joseph Iskander as new Non Executive Members of the Board of Directors in replacement of resigned members, i.e. Messrs Deepak Padmanabhan and Abdullatif AlMulla. It is hereby noted that the resigned members as well as the new members elected in replacement thereof were nominated by Dubai Group.

Following the above, the Board of Directors of the Company consists as follows:

1. Andreas Vgenopoulos, Chairman - Executive Member,

2. Manolis Xanthakis, Vice-Chairman - Non-Executive Member,

3. Dionyssios Malamatinas, C.E.O. - Executive Member,

4. Ioannis Artinos, Executive Member,

5. George Efstratiadis, Executive Member,

6. Panagiotis Throuvalas, Executive Member,

7. Joseph Iskander, Non-Executive Member,

8. David Smoot, Non-Executive Member,

9. Yiannos Michaelides, Non-Executive Member,

10. Areti Souvatzoglou, Non-Executive Member,

11. Fotios Karatzenis, Non-Executive Member,

12. George Lassados, Independent Non-Executive Member,

13. Costas Los, Independent Non-Executive Member,

14. Markos Foros, Independent Non-Executive Member, and

15. Alexandros Edipidis, Independent Non-Executive Member.