Peania, November 30, 2012 – INTRAKAT Group announced its 9M 2012 financial results in accordance with the International Financial Reporting Standards (IFRS):

Group

The Group's turnover for the nine month period of 2012 totaled € 83.2 million compared to € 95.7 million in the respective period of last year, marking a decrease of 13.11%.

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to € 4.1 million compared to € 7.4 million, recording a decrease of 44.77%.

Losses after taxes and non controlling interests amounted to € -1.2 million against profits of € 740 thousand in 2011.

Parent company

The Company's turnover amounted to € 47 million over € 50.7 million, recording a decrease of 7.3% over the nine month period of 2011.

Earnings before interest, tax, depreciation and amortization (EBITDA) amounted to € 1.55 million compared to € 5.14 million, recording a drop of 69.84%.

Significant effect on the results of both the Group and the Company had mainly additional provisions for doubtful debts formed in the period under review.

The Group and Company bank liabilities recorded a decrease compared to the twelve month period of 2011 and amounted to € 33.76 million over € 36.9 million for the Group and to € 24.77 million over € 26.61 million for the Company, decreased by 8.5% and 6.9% respectively. Other Group and Company liabilities remained stable at the levels of 2011.

On 30/09/2012, the backlog of projects undertaken by INTRAKAT Group amounted to € 250 million, plus € 102 million in new contracts for which it awaits their final signature.

About Intrakat

INTRAKAT was founded in 1987 and is a member of the INTRACOM HOLDINGS Group of companies.  It has been listed on the Athens Stock Exchange since 2001 and is classified in the Register of Contractor Companies as a holder of a seventh class contractor's certificate.  In 2005 it merged with Intramet, a steel construction company.  Backed by its lengthy experience, INTRAKAT executes high technology, specialized projects in the technical area (construction – infrastructure) and in the areas of the environment, renewable energy sources, technology and telecommunications infrastructures, energy, industrial plants, metal constructions, real estate development and natural gas in Greece and abroad.  The Intrakat Group employs 442 persons.

Contact person

Ioanna Papavasiliou, Intrakat Communications Department

T: 21–06674346  E: ipapav@intrakat.gr   Web: www.intrakat.com