Sale of paper-based registered share titles

According to Law 3371/14.07.2005 and decision 1/380/04.05.2006 (Government Gazette B 657/25.5.2006) of the Greek Capital Market Commission, the paper-based registered shares of the Company "ALFA-BETA" VASSILOPOULOS S.A., which have not been dematerialized, are going to be sold. For this reason, Company's shareholders that own paper-based registered share titles should proceed to their immediate dematerialization, by addressing to Company's central offices and presenting the share titles, their Identity Card, a copy of the DSS/SAT data and the SAT operator data. The expiry date of the aforementioned procedure is 10/07/2006. The nominal paper-based registered share titles, not submitted to the Company for dematerialization by 10.7.2006 will be sold through Athens Stock Exchange after July 14, 2006, according to the regulations of the aforementioned decision 1/380/04.05.2006, of the Greek Capital Market Commission. The starting date of the share titles sale as well as the member of the Athens Stock Exchange, which will effect the sale procedure, will be communicated to investors through a relevant announcement of the Company to the A.S.E. The period of sale will not exceed the two months and the proceeds of the share titles' sale will be deposited to the Deposit and Loans Fund. Beneficiaries will be informed about the amount deposited on their account to the Deposit and Loans Fund as well as about its collection procedure, by registered mail. For any further information please contact Investor Relation Office. (Phone number 210 66 08 209)


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