The Company Board of Directors announces that on Monday 23rd of January 2006, trading will commence at the Athens Exchange of 1.154.811 new Common Registered Company shares, of nominal value 2,11 each, arising from the share capital increase by 2.436.651,21, due to the exercise of stock option rights (stock option plan) by members of the Board of Directors, executives and Company personnel, a total of 207 beneficiaries, according to the resolutions of the shareholders' general meetings on 28/06/2000, 18/07/2001 and 12/06/2002. Specifically, the aforementioned new shares resulted from the exercise of 1.025.541 stock option rights at a price of 2,93 each and 129.270 stock option rights at a price of 2,61 each. The above increase, which does not constitute an amendment of the Company's Articles of Association, was certified by the Company Board of Directors on 16/12/2005 and recorded in the Register of Societe Anonyme Companies of the Ministry of Development under the protocol number Κ2-68 /2.1.2006 Announcement.

The Athens Exchange Board of Directors during its meeting on 17/01/2006 approved the listing of the aforementioned 1.154.811 new Common Registered Company shares.

The Company Board of Directors has resolved that trading of the aforementioned shares at the Athens Exchange shall commence on Monday 23rd of January, 2006. On that same date, these shares will have been credited to the Securities Accounts of the beneficiaries in the Dematerialised Securities System. It is also announced to Company shareholders, that the opening price of Company shares at the Athens Exchange on the above date will be determined in accordance with Athens Exchange Regulations.

For further information shareholders may refer to the relevant document, available since December 2005 at Company offices (19,5 klm Markopoulo Avenue - 190 02 Peania, Attiki) and in electronic form at the Company's web site (www.intracom.gr).

The Company Board of Directors also informs the investing public that following the resolution of the 15/12/2005 First Repeated Meeting of the 28/11/2005 Extraordinary General Meeting of Company shareholders and the approval with protocol no. Κ2- 16345/22.12.2005 of the Ministry of Development, the Company's name has changed from "INTRACOM S.A. HELLENIC TELECOMMUNICATIONS AND ELECTRONICS INDUSTRY" to "INTRACOM HOLDINGS S.A." and its distinctive title from "INTRACOM" to "INTRACOM HOLDINGS".

The Athens Exchange Board of Directors was informed of the above decision during its session on 17/01/2006.

Therefore, the Company Board of Directors has resolved that as from Monday 23rd of January 2006, the Company name at the Athens Exchange changes to "INTRACOM HOLDINGS S.A." with the distinctive title "INTRACOM HOLDINGS".

For further information, shareholders may contact the Company's Shareholders' Service (tel. no. 210 6671731).