SFS GROUP

12/02/2010: Approval of Resolution for the change of market of SFS Group shares from the Main to the Alternative market [SFS]
Subject: Resolution approved at an Extraordinary General Meeting of SFS Group Public Company Limited for the changing of market of its shares listed on the Cyprus Stock Exchange, from the Main Market to the Alternative Market. Today, at the Extraordinary General Meeting of the shareholders of SFS Group Public Company Limited (the “Company”), a special resolution was approved, authorizing the Board of Directors of the Company to take all necessary measures towards the Cyprus Stock Exchange (‘CSE’) and any other competent authority, for the changing of market of the shares of the Company from the Main Market for trading of the CSE to the Alternative Market. As a consequence, the Company will cease to enforce the CSE Corporate Governance Code. It is noted that, as already mentioned in the Company Announcement of 28 December 2009, that the Board of Directors had decided that, for the year 2010 the Board of Directors of the Company and the committees of Nominations, Remunerations and Audit which will continue to exist, will continue to follow in principle, as internal procedures and policies, the procedures and policies followed in 2009 and, similarly, shall continue the application of the relevant policies for the nomination, remuneration, employment of directors and audit. Furthermore, the Company shall inform the investing public, on an annual basis, and at any other time this may be deemed expedient, with respect to the internal governance rules which, at the time, shall regulate the operation of the Company, as these shall be determined by the Board of Directors from time to time.

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