Signing of the USD 150 million Syndicated Bond Loan Agreement

According to article 2 of the Decision 3/347/12.7.2005 of the Hellenic Capital Markets Commission it is announced by the Company that the relevant agreement for the issuance of a Bond Loan, according to article 6 of Law 3156/2003, for the amount of USD 150 million was signed on December 19th, 2005. The purpose for the issuance of the loan is the refinancing of the existing five year long term loan. The duration of the new loan is 5 years with an option to be extended for a further 2 year period. The decision for the issuance of the loan was approved by the Extraordinary General Meeting of the Company Shareholders of December 14th, 2005.
 

Maroussi, December 20th, 2005

The Board of Directors