Notification of change of Board of Directors composition

LOULIS MILLS S.A. announces that, during the meeting of the Company's Board of Directors No 1673 dated 9.4.2012, the deceased Independent Non-Executive Member Mr. Michael Panayiotis was replaced by Mr. Tsitsigiannis Christos son of George until the end of the term of the Board on 25/05/2012. In view of the above, the Company's Board of Directors was reincorporated as follows:

1.Loulis Nikolaos, miller with id no: AH 778710/21-7-2009 resident of Athens (11-13 Chersonos Street) - President of the Board of Directors, Non-Executive Member

2.Fotopoulos Nikolaos, private employee with ID: P 585864/8.7.94, resident of Drapetsona Attika (2A Analipseos street ), Vice Chairman and CEO - Executive Member

3. Dimopoulos Konstantinos, retired, resident of Korydallos Piraeus 19 Menandrou street with ID AE-059806/8.2.2007, Board Member -Executive Member

4.Christoph Heinrich Theodor Kempkes, a German citizen, private employee, residing in Vienna Austria, (Hietzinger Hauptstrasse 123a), owner of the No. 353345872/4-1-2005 German passport, Board Member - Non Executive Member

5. Barmpatsalos Spyridon, private employee with ID X 143968/31-10-2002, resident of Kifissia, Attica, No. 40 Tripoli Street, Board Member - Independent Non-Executive

6. Tsitsigiannis Christos miller with ID: AH 276652/8-7-2006, resident of Volos (No. 182 Kountouriotou street), Board Member - Independent Non-Executive