Biue Lsland Plc Provides Consolidated Earnings Guidance for the Period Ended December 31, 2019

Blue Island Plc is a Cyprus-based company engaged in the breeding and trading of fish. Its activities include fry breeding, through its subsidiary, Blue Fisheries Ltd; Mediterranean type fish-farming; tuna and swordfish fishing, through its subsidiary, Niras Trawlers Ltd; fish processing, namely fish fillets, fish burgers, smoked fish and marinated fish, and trade of products, which are either produced by the Company or which are imported and is done both through the Company’s retail shops, as well as through wholesale distribution. The Company has three production facilities: the Hatchery Unit, which specializes in fry breeding and is located in the Akrotiri area in Limassol; the Open-Sea Fish Farming Unit, which specializes in fish breeding in open sea cages and is located at the Governors coastal area in Limassol, and the Fish Processing Unit, which processes, packages and distributes both fresh and frozen fish and is located in Strovolos, Nicosia.