Athens, Wednesday July 15, 2015

SIDENOR HOLDINGS S.A.

ANNOUNCEMENT

The Company "Sidenor Holdings S.A." (hereinafter the "Company") announces to the public that the cross-border merger by absorption of the Company by the Belgian company Viohalco S.A. will not be concluded on July 16, 2015, as provided for in the relevant indicative timeline of actions, published on July 10, 2015, due to the delay in executing the remaining administrative acts to be effected in Greece. As a result of this delay, July 16, 2015 will not be, as provided for in the above mentioned indicative timeline of actions, the last trading date of the Company's shares on the Athens Stock Exchange and OTC trading.
The Company will promptly announce the revised indicative timeline of actions.

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