Acting upon the decision taken by the General Meeting of Shareholders dated 21/6/2006, NOTOS COM HOLDINGS S.A. announces the commencement of procedures for share buy back under the following conditions
a.) Maximum number of shares : buy back of 6,000,000 shares, representing 8.44 % of total share capital
b.1 Maximum buy back price: 4 Euro per share
b.2 Minimum buy back price: 2 Euro per share
b.) Duration of buy back programme : according to Article 16, paragraph 5 of Law 2190/1920, transactions may commence 10 calendar days starting from publication of the present announcement and for a period up to October 21/2006