- Group Profit (after tax) euro 8,2 million (compared to euro 8,0 million over H1 2005)
- Group Profit (before tax, provision & impairment losses) euro 22,7 million (compared to euro 19,3 million over H1 2005)
- Net Worth increase by 17,03% (euro 255,9 million compared to ? 218,6 million)
- Upsurge in the Group activity

EGNATIA BANK announces its 1st semester 2006 results.
Group Assets amounted at euro 3.488 million compared to euro 2.875 million over H1 2005, marking a 21,29% growth.
Loans and Advances to Customers increased by 14,46% amounting at euro 2.568 million compared to euro 2.243 million at 30/6/2005, accompanied by a simultaneous widening of the Net Spread compared with Q1 2006, at 3,44% (30/6/2006) from 2,91% (31/3/2006).
Customers' Deposits increased by 12,87% and reached euro 2.673 million as opposed to euro 2.368 million over the last year's comparable period. The Loans and Advances to Customers before provisions by Customers' Deposits Index shapes at 96,08% (30/6/2006) versus 94,74% over the corresponding period of the previous year.

Group's Net Commissions marked a significant increase at euro 21,9 million compared to euro 15,7 million over the corresponding period of the previous year, marking a 39,13% growth. A significant portion of the Group's commission growth has been contributed by the subsidiary companies EGNATIA FINANCE STOCK BROKERS & INVESTMENT ADVISORS SA, EGNATIA MUTUAL FUND MANAGEMENT COMPANY SA and EGNATIA LEASING (Romania).
Trading Income showed an important increase and amounted at euro 2,8 million versus euro 1,3 million (116,70% growth) mainly due to contribution by the subsidiaries EGNATIA MUTUAL FUND MANAGEMENT COMPANY SA and EGNATIA BANK (Romania) SA.
Net Interest Income at Group level amounted at euro 50,2 million versus euro 48,1 million (4,39% increase).

Due mainly to a staff increase (1.709 employees at 30/6/2006 versus 1.631 employees at 30/6/2005) as a result of the establishment of 8 new branches (3 in Romania and 5 in Greece), Staff Expenses at 30/6/2006 amounted at euro 34,9 million as opposed to euro 30,3 million over the corresponding period of the previous year. Albeit restrained over Q2 2006 and slightly reduced compared to Q1 2006, General Operating Expenses showed an increase compared to H1 2005 and amounted at euro 15,7 million versus euro 13,1 million in June 2005.
Operating Income amounted at euro 76,6 million versus 63,3 million over H1 2005, marking a 15,50% growth. The Operating Expenses to Operating Income Index improved at 70,67% (versus 70,80% in June 2005).
Group Provisions over H1 2006 amounted at euro 11,6 million versus euro 7,2 million (60,20% increase) over the comparable period of 2005.

EGNATIA BANK Group Profit before tax, provisions and impairment losses reached euro 22,7 million over H1 2006 (compared to euro 19,3 million), whereas Profit After Tax reached euro 8,2 million (compared to euro 8 million over the corresponding period last year).