OVER 30% OF REVENUE INCREASE IN COMPARISION TO MAY

PRESS RELEASE - 22 July 2019; Limassol, Cyprus; Warsaw, Poland

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon, Perenio and Atlantech, according to the preliminary estimations, in June 2019 had consolidated revenues at the level of approx. USD 153 million, compared to USD 179 million in June 2018. Estimated revenues generated in June 2019 are 31% higher than revenues generated in May 2019, when they amounted to approx. USD 117 million. ASBIS revenue are in line with company's expectations.

Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “May was a very good month in terms of revenues despite our efforts to focus mostly on our margins. Impact on our business have, among others, our expanding product portfolio and strengthening ASBIS competencies in sectors that are promising; that is solutions and IT services for corporate clients. That is why we decided on an interesting acquisition on the Belarusian market - for USD 574 thousand we acquired Avectis, which has extensive experience in this sector. For 25 years, it has successfully built its position on the market, and its partners are the largest global IT companies. It also has a very interesting portfolio of clients. I am convinced that this company will be a very big support of our Group".

For additional information, please contact:

Iwona Mojsiuszko 8Sense Public Relations

Tel. +48 502 344 992

E-mail iwona.mojsiuszko@8sensepr.pl        

^{About ASBISc Enterprises Plc}

^{ASBISc Enterprises Plc is one of the leading distributors of IT industry products in the emerging markets of Europe, the Middle East and Africa (EMEA): Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa, combining a wide range geographical operations with a wide portfolio of products distributed in the "one-stop-shop" model.}

^{ASBISc Enterprises Plc is based in Cyprus and specializes in the distribution of computer hardware and software, mobile solutions, IT components and peripherals, and a wide range of IT products and digital equipment. The Company was established in 1990 and currently selling to 60 countries worldwide.}

^{The Group distributes products of many vendors, and manufactures and sells own brands products: Prestigio (smartphones, tablets, external storage, leather-coated USB accessories, GPS devices, Car-DVRs, Multi-boards etc.), Canyon (MP3 players, networking products and other peripheral devices), Perenio („IoT”) and Atlantech (servers, data storage, data center solutions).}

^{ASBIS has subsidiaries in 26 countries, about 1,470 employees and about 30,000 customers. In 2018, sales reached almost USD 2.1 billion.}

^{The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).}

^{For more information, also visit the Company’s website at www.asbis.com or investor.asbis.com}