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 250 million was signed on July 15th, 2004. The purpose for the issuance of the loan is the financing of the investment program of the Company.

The duration of the loan is 7 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 Ordinary General Meeting of the Company Shareholders of June 1st, 2004.