RILKEN S.A. announces herewith the results for the fiscal year 2005 as well as the consolidated financial statements of the Group for the fiscal year 2005. The company has for the first time adopted International Accounting Standards (IAS) in its annual financial statements.

Specifically:
The sales of the company amounted to EUR 25,687 thousand in 2005 versus EUR
26,030 thousand in the previous year.
Gross profits decreased by some 5.7% mainly because of the increasing cost of raw materials as they amounted to EUR 15,175 thousand against EUR 16,099 thousand in 2004.
Pre-tax profits almost trebled as they reached EUR 1,288 thousand in 2005. The said increase is attributed to decreases in other operating expenses. It is noted that these expenses were increased in 2004 by EUR 2,927 thousand because of the provisions that were realized for the reorganization of the company. After-tax profits remained at last year's levels due to increased taxes that were paid in 2005.

The consolidated financial statements of RILKEN GROUP comprise the parent company RILKEN S.A. and the subsidiary companies SCHWARZKOPF & RILKENT HELLAS S.A. and ZAO RILKEN MOSCOW. Neither of the above-mentioned companies exercise commercial activities. The first one will be soon placed under liquidation, while the second is already in the final stage.

Rilken Group's sales decreased by 1.2% on consolidated level compared to the previous fiscal year, as they reached EUR 28,928 thousand mainly due to reductions in exports.