Athens, 20th November 2017

Dear Client,

In order to meet the demands of the era, always with a deep sense of responsibility towards our clients and the investing public, we joined our forces, MERIT-MIDAS-PETROPOULAKIS. In this way, a strengthened corporate structure is formed at financial, business and administrative level, which will ensure the best result for clients, employees and shareholders of the three companies.

The new Company that derived from the merger will now bear the name, logo and trademarks of “MERIT SECURITIES A.E.P.E.Y.”. Its registered office will be located at 5 Sofokleous str., Athens, PC. 10559. The contact number will be 214-1008800, the e-mail address will be This email address is being protected from spambots. You need JavaScript enabled to view it. and the website www.merit.gr. For your convenience, the existing telephone numbers and email of all three companies will remain in place. The Operator Code in the Dematerialized Securities System will be 180.

All of the above will take effect on Monday, November 20th, 2017. The existing contractual relationship between us as well as the financial terms that govern it are not modified due to the merger but they will be transferred to the new scheme under the same terms. We also point out that all our personnel will be at your disposal to serve you as before.

Finally, we would like to thank you for the confidence you have shown in our companies and our persons over all these years and to assure you, as members of the Management and shareholders of the new "MERIT SECURITIES A.E.P.E.Y." scheme that we will continue to take care of providing to you high quality investment services.

Always at your disposal,

Respectfully,

MERIT SECURITIES A.E.P.E.Y.

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