The "Ethniki" Insurance Group's net earned premiums have considerably increased by 23%, as compared to the previous year's respective period, reaching euro327.957.000. Life premium income presents a steep increase by 46%, mainly attributed to the new bancassurance product "Prostheto+" premiums, which reached euro38.650.000, exceeding the target of euro35.000.000. Furthermore, Individual Life new business premium income increased by 30%. Property & Casualty net earned premiums were increased by 6%, driven by an im pressive 96% increase of the Fire net earned premium, resulting from the 15% increase in the Fire gross written premiums and the conversion of the reinsurance treaties from proportional into excess of loss, which absorbed the effect of the Motor Business decrease by 12% over 1 H05.

1H06 Group's profits after tax have reached the amount of euro4.317.000. The total cost of the early retirement scheme,to be completed till the year's end involving 71 employees, amounting to euro10.700.000 (euro 8.725.000 after tax) has been charged against the above-mentioned result. Payback period of the respective cost is estimated to be 21 months. Before this cost, the Group's consolidated profits after tax amount euro13.042.000, as compared to euro10.818.000 for the 1H05 and to euro14.880.000 budgeted profit.

Outstanding claims reserves for the Motor Third Party Liability business have been further reinforced, thus reaching 203% of gross written premiums, while the market average is standing at 133%. This reinforcement has been charged against 2Q06 results. However, 2H06 results will be free of such a charge, since the existing provisions are sufficient and no further increase should be required until the end of the year.

Operating expenses for the period remained stable, at the same level of the respective periods of 2005 and 2004.

Profits after tax deriving from affiliate companies reached euro964.000, compared with a loss of euro28.000 for 1H05.

Α dynamic growth of its financial results during the first six months of the current year 2006 has been achieved by IASO Group Of Companies.
At group level, revenues reached the amount of euro 71.245 mil. Vs. euro 57.154 mil of the same period in 2005, showing an increase of 24.7%, while earnings before interest taxes, depreciation and amortization (EBITDA) reached the amount of euro 15.065 mil. Vs. euro 8.923 mil of the same period in 2005, showing an increase of 68.8%.
The group's earnings before taxes amounted to euro 10.229 mil. Vs. euro 3.303 mil of the same period in 2005, representing an increase of 209.7%, while earnings after taxes and minority interests amounted to euro 7.274 mil. Vs. euro 2.633 mil. of the same period in 2005, increasing by 176.3%.
Regarding the parent Company's figures, revenues amounted to euro 43.480 mil. Vs. euro 37.280 mil. of the same period in 2005, increasing by of 16.6 %, while earnings before interest taxes, depreciation and amortization (EBITDA) reached euro 14.530 mil. Vs. euro 11.630 mil of the same period in 2005, showing an increase of 24.9%.
Earnings before taxes amounted to euro 12.924 mil. Vs. euro 9.496 mil. of the same period in 2005, increasing by 36.1%, while earnings after taxes and minority interests amounted to euro 9.144 mil. Vs. euro 6.063 mil of the same period in 2005, increasing by 50.8%.
The achievement of the above results is mainly attributed to:
- he revenues increase of the parent Company, as a result of the rise in the inpatients and outpatients inflow.
- The improvement of results of the subsidiary IASO General, which has already been established as one of the country's most well equipped general clinics, with medical and nursing personnel of high professional caliber. The supply of high level health services by Iaso General has been well perceived and recognized by the market; as a result thereof the company is experiencing a significant growth in admissions and in occupancy rate.
- The IASO Group's activation in the field of stem cells collection, processing and storage through its subsidiary MEDSTEM Services S.A. The Company operates the most highly scientifically and technologically equipped bank/unit of cord blood in Greece and the only private bank/unit that stores all the implants into its laboratories. It operates under the guidelines and control of one of the largest banks of America, Cryobanks International.

Operations-driven profitability improvement leads to 24% increase in Net Income despite weaker environment
Hellenic Petroleum Group reported first half Consolidated Net Income of euro175 million, up 24%, corresponding to euro0.57 per share (EPS). Second quarter Consolidated Net Income amounted to euro102 million, 42% higher versus first quarter of this year. The Board of Directors approved an interim dividend of euro0.15 per share, 26% of reported EPS.
Group Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) for the first half of 2006 were euro330 million.
Key financials for the first half of 2006, relative to the same period last year, were:
- Sales euro4,104 million, up 43 %
- Clean- EBIT euro175 million, up 39 %
- Earnings per share (EPS) euro0.57, up 24 %
- Operating cash flow measure euro281 million, up 33 %
- ROΑCE 12.6 % (12M: July 2005 - June 2006)
- ROE 16.5 % (12M: July 2005 - June 2006)
- Interim Dividend euro0.15 per share
Factors affecting first half 2006 results were:
(a) Operational profitability: Significant improvement in domestic Refining, Supply & Trading operations as well as International R&M businesses provided additional profitability exceeding euro40 million compared to last year. As a result, comparable -Clean- EBIT (excluding effect of higher crude oil and products prices) is up by 39%.
(b) Market environment: On the other hand, the refining environment was less favourable than last year. Despite the persistence of high crude oil prices, average refining margins remained lower than last year with the exception of complex refining margins (Med cracking margin) in the second quarter. Greek market demand for gasoline products and ULSD was up, while the weakening of the US Dollar against the Euro had a positive impact on the financial results.
REFINING, SUPPLY & TRADING
Comparable Clean EBIT for Refining, Supply & Trading (adjusted for Inventory gains) was euro157 million, 39% up vs. half year 2005. Including inventory gains, EBIT was euro235 million (up 8%). Key drivers were:
- Second quarter sales volume from the Group-s three refineries in Greece was 3.8 million tons (up 12% versus the same period last year), with half year sales volume at 8 million tons, up 5%. OKTA sales volume in the second quarter was 237 thousand tons (up 10% from last year) and half year was 461 thousand tons (up 5% from last year).
- Improved operations with greater international trading, crude oil feedstock optimisation and tight control of operating costs resulted in an overall improved performance, despite softer market conditions.
In contrast, the impact of the business environment on first half results was lower by euro36 million when compared to last year's. This was due to lower average Med refining margins as well as lower inventory gains.
RETAIL MARKETING EKO Greece sales volume was up 1% to 1,891 thousand metric tons, with higher domestic market sales volume and slight decrease aviation and marine fuel markets. ΕΚΟ improved its market share in automotive diesel and maintained its share in gasoline in the first half of 2006. The decrease in profitability in the first half was a result of pressure on profit margins during the early part of the year. Commercial policy changes and increased sales volumes in higher value products during the last month of the s econd quarter had little impact on reported results for the six months.
International marketing sales volume increase of 8% was the primary reason for the doubling of Earnings Before Tax. All business reported organic profitability improvements with the exception of Bulgaria where, despite volume gains, local market driven retail margin pressure affected gross margins. Total number of Hellenic Petroleum retail stations rose to 195 with 21 new stations since the end of year.
PETROCHEMICALS
Petrochemicals sales volumes increased by 13% in the first half of 2006 compared to last year, to 207 thousand tons; with operational profits were up by 75%.
POWER GENERATION AND TRADING
Higher SMPs and realised crack spreads lead to improved profitability for the power generation unit in the second quarter. Total power sales for the first half of 2006, including cross-boarder trading and capacity certificates, amounted to euro51 million with EBITDA of euro10 million.
EXPLORATION AND PRODUCTION
An important development during the second quarter of 2006 was the announcement of encountering separate hydrocarbon bearing zones during the initial exploratory drill in Murzuk carried out by the consortium of Hellenic Petroleum, Repsol YPF and Woodside. It is estimated that a period of 12 to 18 months is required to evaluate and assess commercial developments and expected financial results.
Furthermore, negotiations with EGPC (State owned petroleum company of Egypt) for the signing of the EPSA (Exploration, Production and Sharing Agreement) in the West Obayed block in the Western Desert were successfully completed and the agreement initialled. Ratification by the Egyptian Parliament is expected in the 4th quarter and Hellenic Petroleum is in the process of establishing a branch and a subsidiary company in Egypt to facilitate to carry out its activities as operator. It is worth noting that the block was awarded to Hellenic Petroleum during the International Bid round conducted by EGPC in early 2006.
INVESTMENT PLAN
Group investments during the second quarter of 2006 amounted to euro32 million (first quarter euro17 million) and related mostly to small projects for the upgrading and maintenance of industrial sites and network of petrol stations in Greece and abroad.
As part of the Group strategy, the Elefsina refinery upgrading project FEED is already in progress. The technology and licensor for the main Hydrocracker and Flexicoker units has already been decided and awarded as has for most of the ancillary utilities and process equipment.
FINANCIAL POSITION
The sustained high level of international crude oil and product prices as well as the increase of stocks led to debt levels close to euro1 billion similar to last quarter. As a result, despite the positive operating cash flows (euro281 million), debt gearing ratio (D/D&E) remained at 30%. During the period additional credit lines of euro300 million were secured through a syndicated multi-currency loan organized through the newly formed Group Treasury subsidiary, Hellenic Petroleum Finance plc.
Key Financial Indicators for the Group are attached:
HELLENIC PETROLEUM GROUP
HALF YEAR 2006 CONSOLIDATED KEY FINANCIAL RESULTS (Prepared in accordance with IFRS)
HALF YEAR
euro MILLION
2005 2006 %
Net Sales
EBITDA
Clean EBIT(1)
Earnings before Tax
Net Income
Earnings per Share (EPS) euro
Operating Cash Flow (2)
2,863 311 126 211 141 0.46 211 4,104 330 175 255 175 0.57 281 43% 6% 39% 21 % 24% 24% 18%
31.12.2005 31.3.2006
Net Debt(3)
Debt Gearing (D/D+E) (3)
700 25% 999 30% -- --
(1) Calculated as Earnings before Interest & Taxes (EBIT), excluding results from associates and inventory effect.
(2) Calculated as EBITDA less capital expenditure.
(3) Compared to 31.12.2005 figures.

HELLENIC PETROLEUM S.A. announces, that the company shall declare the interim dividend for the financial year 2006 before the 20th of October 2006. On this date rights and stock-index futures in which the share of HELLENIC PETROLEUM S.A. participates shall expire.
Recommended 2006
1. Announcement of Half-year 2006 Financial Results 30/08/2006
2. Date of interim dividend beneficiaries determination 29/09/2006
3. Date of interim dividend declaration 02/10/2006
4. Commencement date of interim dividend payment 10/10/2006
5. Termination date of interim dividend payment 10/10/2007
Paying Bank: National Bank of Greece

The Board of Directors of the trading company JUMBO SA informs the shareholders that the issue of the Convertible Bonded Loan of the Company, under articles 8 of the L. 3156/2003 and 3a of the L. 2190/1920, of the amount of euro 42,432,150.00 with the issue of 4,243,215 common nominal bonds, of a nominal and disposal value euro 10.00 per share, by cash payment and a pre-emption right over the old shareholders, that was decided at the Second Repeat Extraordinary General Meeting of the shareholders on 07.06.2006 and exercised from 17.08.2006 until 31.08.2006, has been covered by the exercised the pre-emption rights at a percentage of 83,74%, with the payment at the special bank account for the increase the total amount of euros 35,533,330, corresponding at 3,553,333 bonds, while the 689,882 bonds that have remained non-disposed, will be freely disposed by the company's Board of Directors that has been relevantly authorised by the Extraordinary General Meeting of its shareholders. The Board of Directors, in order to satisfy the most possible requests of the company's shareholders, who have fully exercised their pre-emption right, under its decision on 31.08.2006 defined that the 689,882 non-disposed bonds (Ao), shall be distributed with its original decision, that will be taken on 05.09.2006, under the following conditions : a) Every old shareholder, since he has already fully exercised his pre-emption right at the issue of the Convertible Bonded Loan, is entitled to receive further bonds from the non-disposed ones at a proportion to his participation, upon the completion of the Athens Stock Exchange session on 07.08.2006 at the existing share capital of the company. b) To this aim he has to submit, until the end of the banking hours on 05.09.2006, through the company's Investor Relations Department a relevant application, addressed to its Board of Directors with the request to receive non-disposed bonds at a proportion to his participation at the existing share capital of the company and at the same time must pay by depositing cash at the special current banking account for the Loan, kept at the Bank "EFG Eurobank Ergasias S.A.", the total cost for the acquisition of the non-disposed bonds. The number of the non-disposed bonds (No), which each shareholder is entitled to receive, will be defined by the product of the total number of the above non-disposed bonds (Αο=689,882) by the fraction with numerator the shares, held by the shareholder at 07.08.2006 (N), and denominator the total of the existing shares of the company (60,617,358), omitting any eventual fractional remainder that will result. Under a newer decision of the Board of Directors, which will be taken on 05.09.2006, all applications of the beneficiary - according to the above - shareholders for the receipt of the non-disposed bonds, that have been accompanied by the deposit of the correspondent price to the Bank, will be preferentially satisfied and then all remaining non-disposed bonds will be freely disposed when the Company will publish a newer announcement to the investors.

Pursuant to the decision No.3/347/12.07.2005 of the Board of Directors of the Capital Market Commission, EMPORIKI BANK OF GREECE S.A. announces that the Board of Directors of the Bank, at its meeting on August 31, 2006 (Act No. 2738), decided that the Audit Committee of the Bank, which operates by right of the Act of the Governor of the Bank of Greece No. 2577/09.03.2006, hereafter consists of the following members:
Chairman: Mr. Spyridon LORENTZIADIS of Loudovikos - Louis, independent non-executive Member of the Board of Directors. Members: Mr. Bernard DE WIT of Charles, non-executive Member of the Board of Directors, and Mr. Piere-Rene-Henry HARANG of Jean, non-executive Member of the Board of Directors.

Pursuant to the decision No.3/347/12.07.2005 of the Board of Directors of the Capital Market Commission, EMPORIKI BANK OF GREECE S.A. announces that the Board of Directors of the Bank, at its meeting on August 31, 2006 (Act No.2738), decided the constitution of the Risk Management Committee, which has been constituted by right of the Act of the Governor of the Bank of Greece No.2577/09.03.2006 and hereafter consists of the following members:
Chairman: Mr. Spyridon LORENTZIADIS of Loudovikos - Louis, independent non-executive Member of the Board of Directors.
Members:
Mr. Christian JACQUES of Marcel, executive Member of the Board of Directors.
Mrs. Ypatia-Marie-Charlotte STRATOS of Christopher, non-executive Member of the Board of Directors, and
Mr. Piere-Rene-Henry HARANG of Jean, non-executive Member of the Board of Directors.

Pursuant to the decision No.3/347/12.07.2005 of the Board of Directors of the Capital Market Commission, EMPORIKI BANK OF GREECE S.A. announces that the Board of Directors of the Bank, at its meeting on August 31, 2006 (Act No.2738), decided the constitution of the Renumeration Committee, which consists of the following members:
Chairman: Mr. Jean-Frederic DE LEUSSE of Dominique, non-executive Member of the Board of Directors.
Members:
Mr. Bernard DE WIT of Charles, non-executive Member of the Board of Directors, and
Mr. Piere-Rene-Henry HARANG of Jean, non-executive Member of the Board of Directors.

The company DELTA HOLDING S.A. which was renamed VIVARTIA INDUSTRIAL & COMMERCIAL COMPANY OF FOOD PRODUCTS & CATERING SERVICES S.A. ("the Company") announces, according to the provisions of the Decision 3/347/12.7.2005, article 2, par. 2.e. of the Capital Market Committee, to the Athens Exchange and to the investors, its new Board of Directors, in view of its new structure and further to the merger by absorption of the companies GOODY'S S.A., GENERAL FOODS S.A., DELTA DAIRY S.A., and CHIPITA INTERNATIONAL S.A., as well as the respective decision of the Company's Annual General Assembly of 01/06/2006.

The organizational structure of the Company will be simple with particular emphasis in the effective management of the leading brands and its competitive presence in each division.

The basic organization of the Company is the following:
Dairy & Beverages Division brands ΔΕΛΤΑ, Milko, Life, Complet κ.λπ.) with General Manager Mr. A. Giannakakos
Bakery & Pastry Division (brands 7days, Finetti, Molto κ.λπ.) with General Manager Mr. M. Triantafyllou
Catering Services & Entertainment Division (brands Goody's, Flocafe) with General Manager Mr. S. Seimanides
Frozen Foods Division (brands Barba Stathis, Chrysi Zimi, etc.) with General Manager Mr D. Takas

The organizational structure of each division remains as is.

The Board of Directors has also decided the formation of an Executive Board and the following Board of Directors Committees as follows:
EXECUTIVE BOARD
Dimitris Aristidis Daskalopoulos, Chairman of the Board of Directors
Spyridon I. Theodoropoulos, Chief Executive Officer
Pandeli Economo,Chief Financial Officer
Miltos Triantafillou, General Manager Bakery & Confectionary Division
Athanassios Giannakakos, General Manager Dairy & Drinks Division
Sotiris Seimanidis, General Manager Food Services & Entertainment Division
Dimitrios Takas, General Manager Frozen Foods Division
Stergios Nezis, Management Counsel

AUDIT COMMITTEE
Panayotis Kanellopoulos, non-executive member
Eleftherios Antonakopoulos, independent non-executive member
Vassilios Fourlis, independent non-executive member

REMUNERATION COMMITTEE
Ulysses Kyriakopoulos, independent non-executive member
Konstantinos Apostolidis, non-executive member
Apostolos Tamvakakis, non-executive member

SUCCESSION COMMITTEE (NOMINATION OF CANDIDATES & PRINCIPLES OF CORPORATE GOVERNANCE)
Dimitris Daskalopoulos, executive member
Ulysses Kyriakopoulos, non-executive member
Apostolos Tamvakakis, non-executive member

The Company P.G. NIKAS S.A. based on the fax received as of 1/9/2006 by its shareholder with the corporate name: GCI FOOD ENTERPRISES LTD, in accordance with the law 3461/2006, discloses the change of its share of participation to the share capital of the company. More specifically, on 31/8/2006 GCI FOOD ENTERPRISES LTD purchased 73.325 shares of the company P.G. NIKAS S.A. which correspond to 0,36 % of the total number of shares which is 20.231.328 common registered shares.
Listed company corporate name: P.G. NIKAS S.A. Liable person: GCI FOOD ENTERPRISES LTD Type of movable value: Shares with voting right. Change of a significant percentage: Directly. Percentage of voting rights before the change: 71.85%, after the change: 72.21 %. Number of shares with voting right before the change 14.537.140, after the change 14.610.465. Percentage of share capital before the change: 71.85 %, after the change 72,21%. Date of change in the liable person's shareholding: 31/8/2006. Date of disclosure by the liable person of the change of the shareholding to the Hellenic Capital Market Commission: 1/9/2006.