RIDENCO COMMERCIAL & HOLDING CO. S.A. informs the investing public that, its Shareholders' Extraordinary General Meeting of 30.01.2006, decided the share capital increase of the company by the amount of EUR 1,383,581.28 through the capitalization of the following reserves:
a) EUR 1,299,672.52, amount which derived from the revaluation of real estate on 31.12.2004;
b) EUR 83,908.76, difference which stemmed from a Share Premium Account.

The relevant share capital increase will be realized through a corresponding increase of the shares' par value, i.e. from EUR 0.60 to EUR 0.66.

Following the aforementioned increase, the share capital of the company amounts to EUR 15,219,394.08, divided into 23,059,688 common bearer shares, of a par value of EUR 0.66 each.

Moreover, the MInistry of Development by its relevant decision on 14.2.2006 approved the modification of the pertinent article of the company's Charter.

Also, the ATHEX Board of Directors, during its session on 02.03.2006 was informed about the increase of the par value of the company's shares.

Thus, according to the above, as from Thursday, March 9, 2006, the shares of the company will be traded on the ATHEX under their new par value of EUR 0.66 per share.

For further information, Messrs. shareholders may contact the company's Shareholders' Service Department at 0030+210-8771700, contact person:
Mrs.Michael Manoussakis).