RILKEN PUBLISHES IMPROVED RESULTS FOR 2000 PROPOSED DIVIDEND 150 GRD PER SHARE

Today, the company is publishing the detailed 2000 financial statements for RILKEN S.A. and RILKEN Consolidated Group. RILKEN S.A. reports Sales of 8,214 MGRD for 2000 vs. 8,729 MGRD in 1999 corresponding to a decrease of 5.9%. Net Profits before taxes are increased by 102% (1.938 MGRD vs. 960 MGRD of the previous year).The sales decrease is due to the effect of selling the retail products through the subsidiary company Schwarzkopf & Rilken Hellas S.A. (S.R.H.). The Exports present a slightly positive development vs. the previous year, while the professional products show a very good growth.The Earnings before taxes show a considerable increase (102%) which is mainly due to the one-time effect of selling the warehouse inventories to S.R.H., other non-operating income as well as to the allocation of fixed operating expenses to the above-mentioned subsidiary company S.R.H.After the deduction of the one-time non-operating income and the one-time effect of the transfer of the inventories the net profit increase amounts to 50% vs. the previous year. The Board of Directors recommends a dividend of 150 GRD per share vs. 110 GRD the previous year.The consolidated Sales of the Rilken group are increased by 65% (14.459 MGRD vs. 8.749 MGRD). This increase is mainly attributed to the distribution of Henkel Hellas cosmetics products by the subsidiary company SRH, where Henkel Hellas holds a share of 49%.The consolidated earnings before taxes show an increase of 47% (1.806 MGRD vs. 1.226 MGRD). This development is due to the above-mentioned extraordinary non-operating income as well as to the synergies that were created by the subsidiary distribution company S.R.H.Rilken S.A. is an Athens based manufacturer and marketer of Cosmetics, specialized in Hair Care products. The company is a member of the Henkel Group which is the majority shareholder of Rilken S.A via its subsidiary Henkel Hellas S.A.

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