OPAP S.A. announces that on April 24, 2015, Horse Races S.A.
(100% subsidiary company) signed a concession agreement with the
Hellenic Republic Asset Development Fund (HRADF) for the 20-year
exclusive license to organize and conduct horse races mutual
betting. The total consideration amounts to euro 40,501,000. The
agreement is subject to the final approval by the competent
authorities, while operations are expected to commence in the
3rd quarter of 2015.