In compliance with the Presidential Decree 51/1992 and the article 20 of the Hellenic Capital Markets Commission and the New Regulation of ASE, we inform you that Mr. Kyriakos Filippou, President of the BoD and shareholder of ΕLBISCO HOLDING S.A., according to Presidential Decree 51/1992 the article 20 of the Hellenic Capital Markets Commission has informed the Company for the change as of 31/1/2006 of his voting rights on the Company.

More specifically,

Mr. Kyriakos Filippou (President of the BoD and Shareholder)Announcement
Reason for change of voting rights: pledge

Before the change - direct:
1. Number of voting rights: 2,87%.
2. Number of shares with voting rights: 1.283.928.

Before the change - indirect:
1. Number of voting rights: 69,53%.
2. Number of shares with voting rights: 31.151.850.

Before the change - total:
1. Number of voting rights: 72,40%.
2. Number of shares with voting rights: 32.435.778.
3. Percentage of Share Capital: 54,10%.

After the change - direct:
1. Number of voting rights: 2,87%.
2. Number of shares with voting rights:1.284.258.

After the change - indirect:
1. Number of voting rights: 57,24%.

2. Number of shares with voting rights: 25.645.240.

After the change - total:
1. Number of voting rights: 60,11%.
2. Number of shares with voting rights: 26.929.498.
3. Percentage of Share Capital: 54,10%.

Recall that the total number of shares of the Company is currently 44.800.000 common shares.