Jumbo S.A. (the “Company”) announces pursuant to Law 3556/2007, that the company First Eagle Investment Management, LLC, acting as investment advisor for a number of its clients, none of which holds a position equal or greater of 5% of the total voting rights of the Company, notified the Company by a letter dated 9 May, 2017, that its indirect holding in the Company has fallen below 5% since 5 May, 2017. The number of voting rights before the transaction at hand, was 7,077,714.