KDM SHIPPING - REASONS OF THE DELAYING FINANCIAL REPORT FOR THE 9 MONTHS ENDED 30 SEPTEMBER 2014

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 11 / 2014

Date of issue: 2014-12-09

Short name of the issuer

KDM SHIPPING

Subject

REASONS OF THE DELAYING FINANCIAL REPORT FOR THE 9 MONTHS ENDED 30 SEPTEMBER 2014

Official market - legal basis

Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieї№ce i okresowe

Unofficial market - legal basis

Contents of the report:

The Board of Director KDM Shipping Public Limited informed that reason of delaying of financial report for the 9 months ended 30 September 2014 has a technical character. Our servers that hold all of the operation and financial information were down recently. Specialists spent a long time in order to extract the information and to back it up to the new servers. At this point we could say that the information is safe, unfortunately Company team were unable to finalize the 3th quarter report on time. Having worked on it we still require additional time to finalize the report. Legal basis: Article 56 sec. 1 point 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (Journal of Laws No. 184, item 1539, as amended) – Inside Information.

Annexes

File Description

Current Report KDM Shipping - REASONS OF THE DELAYING FINANCIAL REPORT FOR THE 9 MONTHS ENDED 30 SEPTEMBER 2014.pdf PDF Format file

KDM SHIPPING PUBLIC LIMITED

(fullname of the issuer)

KDM SHIPPING Usługi inne (uin)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

3031 Limassol

(post code) (city)

Michael Koutsofta 3

(street) (number)

[phone] [phone]

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2014-12-09 Denys Molodkovets CFO