After the above transaction SCR – SIBELCO NV holds 0% of S&B’s share capital and the corresponding voting rights, compared to 19.02% referred into its last notification on 12/12/2011.  The shares transferred on 15/05/2013 by SCR-Sibelco NV represent 19.96% of S&B’s share capital and corresponding voting rights.

S&B Industrial Minerals S.A. (the “Issuer”), pursuant to article 13 of Law 3340/2005 in conjunction with the relevant decisions of the Hellenic Capital Market Commission and according to the relevant notification it received on 23.05.2013, hereby announces to the investors that the company DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. acquired on 21.05.2013, 3,577 ordinary registered shares in the Issuer with acquisition value of €5.80 per share and a total net value of €20,746.60. Additionally, DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. acquired on 22.05.2013, 15,117 ordinary registered shares in the Issuer with acquisition value of €5.80 per share and a total net value of €87,678.60.

The company DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. submitted the aforesaid notification pursuant to article 13 of the Law 3340/2005 in conjunction with the relevant decisions of the Hellenic Capital Market Commission, to the Issuer on 23.05.2013, as legal entity “closely related” to Mr. Odysseus Kyriakopoulos and therefore obliged to notify pursuant to article 13 of Law 3340/2005.

S&B Industrial Minerals S.A. (the “Issuer”), in accordance with the provisions of articles 10 and 13 of Law 3340/2005 and article 14 of Law 3556/2007, as in effect, and in conjunction with the relevant decisions of the Hellenic Capital Market Commission, announces that on 17.05.2013 it received notification letters in accordance with the provisions of Law 3340/2005, on 20.05.2013 it received notification letters in accordance with the provisions of Law 3556/2007 and on 22.05.2013 it received correct repetitions of the notification letters pursuant to the provisions of Law 3556/2007 based on which the following are notified:

1. Following the Issuer’s previous announcements it is noted that based on the agreement dated January 30, 2013 (the “Agreement”), on the one hand the Issuer’s shareholders, Aikaterini P. Kyriacopoulou, Odysseus Kyriacopoulos, Flora Maria Kyriacopoulou, Paris Kyriacopoulos, Aikaterini O. Kyriacopoulou, Alexia Kyriacopoulou, Blue Crest Holding S.A., Blue Water Holding S.A., High Gate Holding S.A., Orymil S.A. and Avgi Real Estate S.A. and on the other hand the company Delphi Luxembourg Holdings S.ar.l. (the “Offeror”), (which is currently jointly controlled by: Mrs. Aikaterini P. Kyriakopoulou, Mr. Odysseus Kyriakopoulos, Mrs. Flora Maria Kyriacopoulou, the companies Blue Crest Holding S.A., Blue Water Holding S.A., High Gate Holding S.A., Orymil S.A., Avgi Real Estate S.A. and Delphi Investor S.àr.l.) and Delphi Investor S.àr.l. which is wholly-owned by investment funds which are controlled by Rhône Capital IV L.P, which is indirectly controlled by Rhône Capital L.L.C. (all the above persons hereinafter referred to as the “Concerted Parties”) agreed to act in concert within the meaning of article 2 (e) of Law 3461/2006 on takeover bids and for the purposes of submitting a mandatory tender offer which was submitted by the Concerted Parties on 30.1.2013 (the “Tender Offer”). By virtue of the Agreement and pursuant to the transactions described under 2 and 3 below, the total amount of the voting rights of the Issuer which under articles 2 (e) and 7 of Law 3461/2006 is deemed to be held by the Concerted Parties amounts to 50,041,149 shares representing 97.74% of its total voting rights (compared to 35,847,305 shares representing 70.015% of its total voting rights held on Friday, May the 10^th, and prior to completion of the transactions described below). More specifically, it is clarified that:

2. On 14.05.2013 an over-the-counter agreement was entered into for the transfer of 14,068,721 common registered shares of the Issuer to the Offeror (i.e. 27.479% of the total voting rights of the Issuer), with acquisition value of €5.80 per share and a total net value of €81,598,581.80, which were offered to the Offeror within the context of the Tender Offer and during its acceptance period which ended on 09.05.2013. The settlement of the over-the-counter agreement for the transfer of the aforementioned shares took place on 15.05.2013.

3. In addition, it is announced that, on Friday, May the 10^th, 2013 the Offeror acquired 19,419 shares of the Issuer representing 0.037% of its voting rights, on Monday, May the 13^th, 2013 the Offeror acquired 25,228 shares of the Issuer representing 0.049% of its voting rights, and on Tuesday, May the 14^th, 2013 the Offeror acquired 80,476 shares of the Issuer representing 0.157% of its voting rights, and which in total amounts to 0,243% of the voting rights of the Issuer.

4. It is clarified that, from the above, under 1, total of 50,041,149 shares and voting rights of the Issuer (representing a percentage of 97.74%), 41,844,149 shares of the Issuer representing 81.73% of the voting rights of the Issuer are directly held by the Offeror. The Offeror is currently jointly controlled by: Mrs. Aikaterini P. Kyriakopoulou, Mr. Odysseus Kyriakopoulos, Mrs. Flora Maria Kyriacopoulou, the companies Blue Crest Holding S.A., Blue Water Holding S.A., High Gate Holding S.A., Orymil S.A., Avgi Real Estate S.A. and Delphi Investor S.àr.l.. Delphi Investor S.àr.l. is controlled by majority by Rhône Offshore Partners IV L.P., while the remaining shares and voting rights of Delphi Investor S.àr.l. are held  by Rhône Partners IV L.P. and Rhône Coinvestment IV L.P.

Further it is noted that, the company Blue Crest Holding S.A holds directly 7,070,732 shares of the Issuer representing 13,81% of its total voting rights, the company Blue Water Holding S.A. holds directly 669,695 shares of the Issuer representing 1.31% of its total voting rights and the company High Gate Holding S.A. holds directly 456,573 shares of the Issuer representing 0.89% of its total voting rights, contribution of which is pending and shall be completed within the following time period.

5. It is further announced that on Wednesday, May the 15^th, 2013 the Offeror acquired 49,643 shares of the Issuer representing 0.096% of its voting rights, with acquisition value of €5.80 per share and a total net value of €287,929.40 and on Thursday, May the 16^th, 2013 the Offeror acquired 59,803 common registered shares in the Issuer representing 0.116% of its voting rights with acquisition value of €5.80 per share and a total net value of €346,857.40.The total aforementioned acquisitions represent 0.212% of the voting rights of the Issuer, added to the above under 1 percentage of 97.74%.

“S&B Industrial Minerals, Mining, Quarrying, Industrial, Commercial, Tourist, Shipping, Engineering, Joint-Stock Company” (hereinafter the “Company”) announces that, following notification letter it received on 20.05.2013 by the company Delphi Luxembourg Holdings S.àr.l. (hereinafter the “Offeror”), on 20.05.2013, the Offeror submitted an application to the Hellenic Capital Market Commission for the exercise of the squeeze-out right pursuant to Law 3461/2006 (the “Law”). As mentioned in the application:

Following completion of the settlement of the tender offer (the “Tender Offer”), on the 15^th of May, 2013 the Offeror and the persons acting in concert with it within the context of the Tender Offer and in accordance with article 2(e) of the Law, jointly held directly and indirectly 49,935,445 Company shares representing approximately 97.53% of the Company’s fully paid up share capital and voting rights.

Following the above, the Offeror pursuant to the application it submitted to the Hellenic Capital Market Commission exercises the squeeze-out right for the remaining common registered shares of the Company according to article 27 of the Law (hereinafter the “Squeeze-out Right”) which amount to 1,262,417 shares representing approximately 2.47% of the Company’s fully paid up share capital and voting rights, offering for each of these shares €5.80 in cash, which is equal to the consideration offered within the context of the Tender Offer and requests the approval of the Squeeze-out Right by the Hellenic Capital Market Commission.

The Offeror’s intention to exercise the Squeeze-out Right is mentioned in paragraph 2.16.1 (a) of the information memorandum as approved on April the 8^th, 2013 by the Hellenic Capital Market Commission.

A certificate from UBS Limited pursuant to which it is certified that the Offeror has the means to fund, or has funded, in cash, the total amount required, or that it may be required, to pay for the acquisition of 1,262,417 Company shares, i.e. the total amount of €7,322,018.60 (€5.80 per share x 1,262,417 shares) as well as the 0.16% registration duty payable to the HELEX was submitted to the Hellenic Capital Market Commission, attached to the Squeeze-out Right application.

S&B Industrial Minerals S.A. (the “Issuer”), pursuant to Law 3556/2007 in conjunction with the relevant decisions of the Hellenic Capital Market Commission and according to the relevant notification it received on 21.05.2013, hereby announces to the investors that the company DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. acquired on 17.05.2013, 13,988 ordinary registered shares in S&B INDUSTRIAL MINERALS S.A. with acquisition value €5.80 per share and a total net value of €81,130.40. Additionally, DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. acquired on 20.05.2013, 6,452 ordinary registered shares in S&B INDUSTRIAL MINERALS S.A. with acquisition value €5.80 per share and a total net value of €37,421.60.

DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. submitted the aforesaid notification pursuant to article 13 of the Law 3340/2005 in conjunction with the relevant decisions of the Hellenic Capital Market Commission, to the Issuer on 21.05.2013, as legal entity “closely related” to Mr. Odysseus Kyriakopoulos and therefore obliged to notify pursuant to article 13 of Law 3340/2005.

S&B Industrial Minerals S.A. (the “Issuer”), in accordance with the provisions of articles 10 and 13 of Law 3340/2005 and article 14 of Law 3556/2007, as in effect, and in conjunction with the relevant decisions of the Hellenic Capital Market Commission, announces that on 17.05.2013 it received notification letters in accordance with the provisions of Law 3340/2005 and on 20.05.2013 it received notification letters in accordance with the provisions of Law 3556/2007 based on which the following are notified:

1. Following the Issuer’s previous announcements it is noted that based on the agreement dated January 30, 2013 (the “Agreement”), on the one hand the Issuer’s shareholders, Aikaterini P. Kyriacopoulou, Odysseus Kyriacopoulos, Flora Maria Kyriacopoulou, Paris Kyriacopoulos, Aikaterini O. Kyriacopoulou, Alexia Kyriacopoulou, Blue Crest Holding S.A., Blue Water Holding S.A., High Gate Holding S.A., Orymil S.A. and Avgi Real Estate S.A. and on the other hand the company Delphi Luxembourg Holdings S.ar.l. (the “Offeror”), (which is currently jointly controlled by: Mrs. Aikaterini P. Kyriakopoulou, Mr. Odysseus Kyriakopoulos, Mrs. Flora Maria Kyriacopoulou, the companies Blue Crest Holding S.A., Blue Water Holding S.A., High Gate Holding S.A., Orymil S.A., Avgi Real Estate S.A. and Delphi Investor S.àr.l.) and Delphi Investor S.àr.l. which is wholly-owned by investment funds which are controlled by Rhône Capital IV L.P, which is indirectly controlled by Rhône Capital L.L.C. (all the above persons hereinafter referred to as the “Concerted Parties”) agreed to act in concert within the meaning of article 2 (e) of Law 3461/2006 on takeover bids and for the purposes of submitting a mandatory tender offer which was submitted by the Concerted Parties on 30.1.2013 (the “Tender Offer”). By virtue of the Agreement and pursuant to the transactions described under 2 and 3 below, the total amount of the voting rights of the Issuer which under articles 2 (e) and 7 of Law 3461/2006 is deemed to be held by the Concerted Parties amounts to 50,090,792 shares representing 97.837% of its total voting rights (compared to 35,847,305 shares representing 70.015% of its total voting rights prior to completion of the transactions described below). More specifically, it is clarified that:

2. The transfer of 14,068,721 common registered shares of the Issuer to the Offeror (i.e. 27.479% of the total voting rights of the Issuer), with acquisition value of €5.80 per share and a total net value of €81,598,581.80, which were offered to the Offeror within the context of the Tender Offer and during its acceptance period which ended on 09.05.2013, was completed on 15.05.2013.

3. In addition, it is announced that, the Offeror acquired on Friday, May the 10^th, 2013 the Offeror acquired 19,419 shares of the Issuer representing 0.037% of its voting rights, on Monday, May the 13^th, 2013 the Offeror acquired 25,228 shares of the Issuer representing 0.049% of its voting rights, on Tuesday, May the 14^th, 2013 the Offeror acquired 80,476 shares of the Issuer representing 0.157% of its voting rights. Further, on Wednesday, May the 15^th, 2013 the Offeror acquired 49,643 shares of the Issuer representing 0.096% of its voting rights, with acquisition value of €5.80 per share and a total net value of €287,929.40, and which in total amounts to 0,339% of the voting rights of the Issuer.

4. It is clarified that, from the above, under 1, total of 50,090,792  shares and voting rights of the Issuer (representing a percentage of 97.837%), 41,893,792 shares of the Issuer representing 81.827% of the voting rights of the Issuer are directly held by the Offeror. The Offeror is currently jointly controlled by: Mrs. Aikaterini P. Kyriakopoulou, Mr. Odysseus Kyriakopoulos, Mrs. Flora Maria Kyriacopoulou, the companies Blue Crest Holding S.A., Blue Water Holding S.A., High Gate Holding S.A., Orymil S.A., Avgi Real Estate S.A. and Delphi Investor S.àr.l.. Delphi Investor S.àr.l. is controlled by majority by Rhône Offshore Partners IV L.P., while the remaining shares and voting rights of Delphi Investor S.àr.l. are held  by Rhône Partners IV L.P. and Rhône Coinvestment IV L.P.

Further it is noted that, the company Blue Crest Holding S.A holds directly 7,070,732 shares of the Issuer representing 13,81% of its total voting rights, the company Blue Water Holding S.A. holds directly 669,695 shares of the Issuer representing 1.31% of its total voting rights and the company High Gate Holding S.A. holds directly 456,573 shares of the Issuer representing 0.89% of its total voting rights, contribution of which is pending and shall be completed within the following time period.

5. It is further announced that on Thursday, May the 16^th, 2013 the Offeror acquired 59,803 common registered shares in the Issuer representing 0.116% of its voting rights, added to the  above under 1 percentage of 97.837%, with acquisition value of €5.80 per share and a total net value of €346,857.40.

DELPHI LUXEMBOURG HOLDINGS S.ÀR.L. submitted the aforesaid notification pursuant to article 13 of the Law 3340/2005 in conjunction with the relevant decisions of the Hellenic Capital Market Commission, to the Issuer on 15.05.2013, as legal entity “closely related” to Mr. Odysseus Kyriakopoulos and therefore obliged to notify pursuant to article 13 of Law 3340/2005.

1. in accordance with the provisions of articles 10 and 13 of Law 3340/2005 and article 14 of Law 3556/2007, as in effect, in conjunction with the relevant decisions of the Hellenic Capital Market Commission, as well as article 23 of L.3461/2006 and article 46 of the DSS regulation and
2. following the announcement on 13 May 2013 of the result of the mandatory tender offer launched by Delphi Luxembourg Holdings S.A.R.L. on 30 January 2013,

that on 15 May 2013, the transactions of the below duly obliged persons who tendered their shares in the context of the said tender offer, were cleared as follows:

1) Kriton Anavlavis, CEO, tendered 151,332 shares, of a total value of €877,725.60

2) Calypso Maria Nomicos, BoD Vice-Chairman, tendered 108,884 shares, of a total value of €631,527.20

3) Raphael Moisis, BoD Member, tendered 19,000 shares, of a total value of €110,200.00

4) Thomas Androulakis, Group Sustainable Development Manager, tendered 37,745 shares, of a total value of  €218,921.00

5) Eva Valavani, Group Human Resources Manager, tendered 46,149 shares, of a total value of €267,664.20

6) Thanasis Kefalas, General Manager South Europe, tendered 14,182 shares, of a total value of €82,255.60

7) Ioannis Christodoulakis, CFO, tendered 4,850 shares, of a total value of  €28,130.00

Acknowledging Elliniki Etairia’s valuable contribution and significant work, S&B Industrial Minerals S.A. is a proud sponsor and active participant in Elliniki Etairia’s 40-year celebration, organized on the weekend 18-19 May, 2013, and hosting a variety of events.

Blossoms and scents from Milos island will travel to Athens bringing the island’s “colors and aromas” to the big celebration through a Milos Mining Museum educational program by S&B.

On Sunday 19/5 at 12:00, in Elliniki Etairia’s yard (28 Tripodon St., Plaka), S&B’s forester from the Milos Rehabilitation Department and the company’s volunteers will provide visitors, young and old, with a “guided tour” to the island’s biodiversity through a specially designed activity. Endemic plants from S&B’s company-owned plant nursery on the island used exclusively for the rehabilitation of depleted mines, such as phoenician uniper, cedar tree, Jerusalem sage, cistus, tamarisk, lavender, wormwood, mastic tree, satureja, and many others, will be available. Visitors will get to know them, transplant them into flowerpots containing peat and Milos perlite and take them home afterwards.

S&B’s volunteers will be informing the public throughout the weekend of 18 & 19 May about local and endemic Milos plants’ special characteristics, as well as about perlite, one of the most important minerals mined on the island by S&B, with important uses in hydroponics and as a soil improvement in agriculture.

Full program of Elliniki Etairia 40-year celebration events here and in Fb