Michalis Karaolis (Greek: Μιχαλάκης Καραολής; 13 February 1933 – 10 May 1956) was a Cypriot public official and revolutionary. Born in the village of Palaichori Oreinis of Pitsilia, Karaolis worked as a government clerk and a member of EOKA. He was the first to be sentenced to death and hanged alongside Andreas Dimitriou on 10 May 1956.