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30/08/2006
ALUMIL MILONAS ALUM. IND. S.A.
HELLENIC FABRICS S.A.
STELIOS KANAKIS SA
MINOAN LINES
PIRAEUS PORT AUTHORITY SA
M. J. MAILLIS S.A.
HELLENIC TELECOM. ORG.
EFG EUROBANK ERGASIAS SA.
HELLENIC PETROLEUM S.A.
P.G. NIKAS S.A.
LAMDA DEVELOPMENT S.A.
AGRICULTURAL BANK OF GREECE S.A.
HERACLES GENERAL CEMENT COMPANY S.A.
GENERAL BANK OF GREECE S.A.
ALUMIL MILONAS ALUM. IND. S.A. : Financial Results for the First Half 2006
In tandem with initial estimates, ALUMIL Group presents clear upward financial trends for the 6M period of 2006: outstanding growth in sales and earnings terms and - for the first time the past three years - positive operational cash flows. Growth cornerstones remain international markets and significant value added products. In particular, applying aggressive commercial policy and growth limitation on inventories, ALUMIL Group presented a 28.3% sales increase for 1H 2006, reaching Euro 109.8 m., compared to Euro 85.6 m., in 1H 2005. Increase stemmed mainly from international markets, from thermal brake and industrial profiles sales, as well as from automation systems, shading systems, polycarbonate sheets and composite panels. EBITDA reached Euro 19.7 m., posting a 39% increase, compared to Euro 14.17 m. in 1H 2005. Earnings before taxes jumped at Euro 5.4 m., a 70.8% increase yoy, compared to 1H 2005 results (Euro 3.16 m.). Group earnings - after taxes and minority interests - over passed 4.2 m. presenting an outstanding growth of 78% approximately, compared to 1H 2005 (Euro 2.36 m.). Earnings per share (EPS) consequently reached 0.19 from 1H 0.11. A clear cost containment strategy is followed by the very beginning of 2006; operational expenses' margins, compared to sales, fell down to 17.3% from 19.3%. Operational cycle was managed under the pre mentioned scope, leading among other things, to significantly limited inventories growth. As a result, Euro 0.9 m. positive operational cash flows were created, compared to the negative result of Euro -31.8 m. in 1H 2005. Group investments reached Euro 12.5 m. approximately; Euro 0.5 m. headed to subsidiary in Albania, for machinery and equipment, Euro 0.6 m. headed to subsidiary in Bulgaria for warehouses, Euro 5 m. to subsidiary ALUFIL in Kilkis, Greece for special, anodizing - special aluminium profiles surface treatment - machinery and equipment. Finally, in Xanthi, Greece - subsidiary ALUNEF - Euro 3.2 m. were headed for buildings and production lines. Regarding parent company results, sales posted a 23.7% growth, to Euro 90.4 m. for 1H 2006, compared to Euro 72.9 m. in 1H 2005. EBITDA reached Euro 10.26 m., falling down 10.8%, (Euro 11.5 m. in 1H 2005). Earnings before taxes jumped at Euro 3.8 m., a 59.6% increase yoy, compared to 1H 2005 results (Euro 2.4 m.). Earnings after taxes and minority interests increased significantly, partly due to lower depreciation expenses: Euro 2.6 m., compared to Euro 1.1 m. in 1H 2005 period, an outstanding boost of about 138%. ALUMIL is ranked among the largest aluminium extrusion and profiles production private European group (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 25 subsidiaries, 19 of which are spread throughout Europe, Africa and the Middle East, ALUMIL offers production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successf ully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included four times in GrowthPlus' Europe's 500, ALUMIL's Group sales reached Euro 190 m in 2005, while EBITDA reached Euro 32 m. Alumil Information: Mr. Apostolos Papadopoulos-Almeida (IR officer), Tel. +30 2310 555405, + 30 23410 79480, Fax: +30 2310 555425, E-mail: Investors@Alumil.com

HELLENIC FABRICS S.A. : Press Release

The Group of "HELLENIC FABRICS S.A." for the first half-year period of 2006, according to the financial statements, which will be published on 30/08/2006, remains profitable and is showing further improvement of its capital structure and its liquidity.
Consolidated turnover for this period amounted to ευρώ 47.83 mln, from ευρώ 47.12 mln in the first half-year period of 2005, improved by 1,51%. The Group continues to be mainly export oriented with 76% of its sales originating from this activity. Consolidated profit before tax, interest and depreciation (EBITDA) amounted to ευρώ 5.87 mln, from ευρώ 9.06 mln in 2005, reduced by 35.24%. Profit before tax amounted to ευρώ 1.63 mln from ευρώ 4.79 mln in the correspondent period of 2005, while profit after tax amounted to ευρώ 1.59 mln versus ευρώ 3.21 mln in 2005, showing a decrease of 50.38%, attributable to ευρώ 1.11 mln to the parent company and ευρώ 0.48 mln to minority rights. Reduced profitability of the current period is due to a decline in the market of denim fabrics, which has already started from the last quarter of last year, after a period of constantly increasing demand during 2004 and the nine-month period of 2005. Such cyclical shifts in market demand periodically appear and are attributed to the creation of fabric inventory by apparel manufacturers and the time required to reduce it.
A recovery of the market is already noted, with an apparent improvement of denim sales in July 2006 in comparison with the corresponding month of last year.
The Group, having completed an important investment program in the dyeing and finishing departments, is ready to face upcoming demand with even more advanced fabric types. On a consolidated basis, total shareholders' equity amounted to ευρώ 83.16 mln from ευρώ 82.15 mln on 31/12/2005. The "Debt-equity" ratio amounted to 1.29 from 1.00 on 31/12/2005, showing an increase of 28.43%, while the liquidity ratio improved by 22.77%, from 1.64 last year to 2.01. The consolidated positive operating cash flow amounting to ευρώ 8.73 mln, assisted the liquidity and was used for the self-financing of investments in production activities amounting to ευρώ 2.24 mln and the reduction of its bank loans, which were lowered by ευρώ 7.76 mln. Total net loans of the Group at the end of the half-year period amounted to ευρώ 40 mln as compared to ευρώ 48 mln at the end of 2005, reduced by 16.5%. Finally the "Price to book value" ratio (P/BV) amounted to 0.48.
The Ordinary General Meeting of the 21st of June 2006, decided the contracting of a non-convertible bond loan, amounting to ευρώ 10 mln, which will be used for the replacement of the Company's long-term bank loans and the completion of the investment program. The same General Meeting, approved a dividend distribution of ευρώ 0.10 per share, increased by 11.1% as compared to last year.
"HELLENIC FABRICS S.A.", by expanding its activities, jointly participates along with the companies Hellenic Petroleum, Sovel of the Viohalco Group and Prima Holdings in the share capital of the company BIODIESEL S.A. The unit, with a production capacity of 100.000 tons of biodiesel per year and a budget of ευρώ 20 mln, will be created in the factory of Sovel in the area of Almyros Magnisia. It will consist of a distiller of natural oils, with a daily capacity of 300 tons, a distillation unit of glycerin, biodiesel production unit and auxiliary facilities, such as steam engines, biological process etc. This plant is expected to start its operations early 2008. The seed oil unit of "HELLENIC FABRICS S.A." is expected to supply the new company with raw material for the production of biodiesel, which is cottonseed oil.
In addition, the co-products of cottonseed oil are expected to be used in the production of thermal energy in its plant in Pella.
Company prospects for the remaining of the fiscal year are positive and it is expected that turnover will be increased with an improvement of profitability for the second half-year period, as compared to the first.

STELIOS KANAKIS SA : Announcement

The company "STELIOS KANAKIS ABEE" , who is actively involved in the importation and commercial distribution of raw materials of pastry-making, bakery and ice cream, achieved a remarkable improvement on its financial data and elements during the first semester of the current year 2006. From the interim financial reports of the period 1.1.2006-30.6.2006, drawn up according to the International Standards of Financial and Economical Information (ISFEI) the main financial factors and data of the Company has as follows:
- The turnover ascended to Euro 7,011 million presenting an increase of 9,92% compared to Euro 6,419 million of the corresponding last year's period (2005).
- The profits before taxes, interests and depreciations (EBITDA) reinforced quotely at 13,18% and arose to Euro 931 thousands instead of Euro 823 thousands.
- The profits before taxes (ΕΒΤ) arose to Euro 794 thousands having an increase of 15,12% comparing to Euro 690 thousands for the first semester of 2005.
- The profits after taxes (ΕΑΤ), who are proportional to shareholders reinforced at rate 20,56% arising to Euro 552 thousands comparing to 457 thousands of the last year's first semester. It should be noted, in particular, that during the first semester of 2006 the company further reduced its already low bank lending. More specifically, the Company disbursed the amount of Euro 734 thousands and its bank lending is now limited to 587 thousands Euro from 1,310 million euro for the first semester of 2005. The capital and reserves of the company arose to 11,443 million Euro. As a result the bank lending of the company constitutes only 5% of the company's Capital and reserves and the proportion Liabilities/ Capital and Reserves is formed at 32%, which is between the lowest among the listed companies in the Athens Stock Exchange. The sane financial and economical status of the company is due to its continuous capacity to produce positive financial and economical flows, through which it finances its development.

The company during the relevant period presented positive cash flows from functional activities at the amount of 1,413 million Euro and the net increase to the available funds(cash) from the total of the company's activities (functional, investing, financing) arose to the amount of 228 thousands Euro. The management of the company supports its estimation for a positive course during the present fiscal year, which is reinforced by the fact that the commercial function of the new branch of the Company (storage, distribution and promotion center) in the Industrial Zone (VIPE) of Sindos (Thessaloniki) commences . Through the above branch the company aims to forcedly and systematically expand in the region of Northern Greece and the neighboring Balkan countries .

MINOAN LINES : Comment on Recent Press Article

In reference to various press releases relating to the sale of Minoan Lines 33.3% stake in Hellenic Seaways S.A., we would like to inform the investment community with the following:
Several offers relating to the purchase of above mentioned stake has been submitted. The top management of the company, in the scope of its strategy within the sector, are currently study these offers.
Minoan Lines in accordance with the Athens Stock Exchange regulation will notify the investment community for any decisions relating to the subject matter.

PIRAEUS PORT AUTHORITY SA : Announcement

The Board of Directors of P.P.A S.A. on 29 August 2006 approved the Financial Reports of the Company for the first half of the financial year 2006. The Financial Reports were compiled according to the International Financial Reporting Standards and are summarized as follows:
The Company's turnover increased by 8,43% amounting to Euro 74,5 million, against Euro 68,7 million the relevant period of 2005.
This increase reflects the increased volumes of the Container Terminal in the second quarter of 2006 (which offset the revenues shortfall in the first quarter), the increased volumes of the Car Terminal, as well as the increase of the prices in the services provided.
Other operational revenues, compared to those of the relevant period of 2005 were reduced by 21,45% amounting to Euro 3,9 million against Euro 4,9 million. This reduction is attributed mainly to the delayed operation of the Exhibition Center in the first quarter of 2006, which had as a consequence the cancellation of a certain number of exhibitions and resulted to the reduction of rental income by Euro 800 thousand.
Operational expenses increased marginally in the first half of 2006 and amounted to Euro 66,3 million compared to Euro 65,8 million of the relevant period of 2005.
The provision for the doubtful debts within the reporting period were determined after re-evaluation of the doubtful debts to Euro 1,8 million against Euro 350 thousand of the first half of 2005.
Asset depreciation incorporated in the operational cost, increased by 8,86 % and amounted to Euro 4,5 million against Euro 4,1 million in the 1st Half Year 2005.
Profit before taxes amounts to Euro 10 million, against Euro 7,5 million of the relevant period in 2005, showing an increase of 34,28%. Net profits after current and deferred taxes increased by 38,58% due to the higher tax rate in the first half of 2005 (2006 29%, 2005 32%) and to the differentiation in the deferred taxes.
Finally, as it appears on cash flow statement, cash and cash equivalents on 30 June 2006 amounted to Euro 26,9 million against Euro 12,4 million on 31 December 2005 and Euro 16,4 million on 30 June 2005.

M. J. MAILLIS S.A. : 1st Half 2006 financial results (for the period 01.01.2006 - 30.06.2006)

M.J.MAILLIS GROUP announces its Consolidated Financial Results for the 1st Half 2006:
- Consolidated Turnover of Euro 189 mln versus Euro 182.2 mln in the 1st Half of 2005.
- Consolidated Earnings before Interest, Taxes, Depreciation and Restructuring Charges (E.B.I.T.D.A.) of Euro 26 mln versus Euro 30.3 mln in the relevant period of 2005.
- Consolidated Net Income (N.I.) of Euro 5.6 mln versus Euro 8.7 mln in the 1st Half of 2005. In the 1st Half of 2006 the Group posted organic sales growth of 3.7%. In terms of volume, the increase was 4.8%, which is not fully reflected in the turnover, as prices for steel remain below the levels of 1st Half 2005. The films and the plastic strapping divisions were the key drivers of growth in the 1st Half 2006, with the plastic strapping expected to contribute even further in the 2nd Half, following the operation of the second production line in the US since May.

Steel strap volume sales posted a growth rate of c. 8%, while machine sales are improving and were 7% higher on the 2nd quarter vs the 1st quarter of 2006. Persisting pressures on margins, especially in the steel business, additional expenses due to the expansion in North America and the restructuring efforts affected profitability.
Τhe Group continues its restructuring efforts in order to realise the 3-yr Business Plan presented in the General Assembly, which calls for 25% organic growth until 2008.

For more information, please contact our Group's Investor Relations Department (Mrs. Alexandra Konida, Group Treasury & Investor Relations Director, tel. +30 210 6285202 or email: alexandra.konida@maillis.gr).

HELLENIC TELECOM. ORG. : OTE GROUP reports 2006 second quarter results under IFRS (unaudited)
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EFG EUROBANK ERGASIAS SA. : Purchase of own shares

In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, EFG Eurobank Ergasias S.A. ("the Bank") announces that according to Company Law 2190/1920, article 16, par. 5, and following the decision of the Annual General Meeting of the Shareholders of the Bank dated April 3, 2006 and the Board of Directors' resolution dated April 14, 2006, purchased own shares through the Athens Exchange Member EFG Eurobank Securities, as follows:
a) On 22 August 2006 the Bank purchased 15,500 shares, with average cost price Euro 24.45 per share and total purchase price Euro 378.916,50.
b) On 23 August 2006 the Bank purchased 21,500 shares, with average cost price Euro 24.10 per share and total purchase price Euro 518.244,43.
c) On 24 August 2006 the Bank purchased 51,500 shares, with average cost price Euro 24.35 per share and total purchase price Euro 1.253.870,97.
d) On 25 August 2006 the Bank purchased 50,071 shares, with average cost price Euro 24.30 per share and total purchase price Euro 1.216.496,02.
e) On 28 August 2006 the Bank purchased 53,693 shares, with average cost price Euro 23.93 per share and total purchase price Euro 1.284.902,66.
f) On 29 August 2006 the Bank purchased 72,000 shares, with average cost price Euro 23.88 per share and total purchase price Euro 1.719.544,56.

HELLENIC PETROLEUM S.A. : Half-Year 2006 Financial Results
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P.G. NIKAS S.A. : Notification
The Company P.G. NIKAS S.A. based on the fax received as of 30/8/2006 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 29/8/2006 GCI FOOD ENTERPRISES LTD purchased 38.950 shares of the company P.G. NIKAS S.A. which correspond to 0.20 % 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: 64.88 %, after the change: 65.08%. Number of shares with voting right before the change 13.127.588, after the change 13.166.538. Percentage of share capital before the change: 64.88 %, after the change 65.08 %. Date of change in the liable person?s shareholding: 29/8/2006. Date of disclosure by the liable person of the change of the shareholding to the Hellenic Capital Market Commission:30/8/2006.

LAMDA DEVELOPMENT S.A. : First Semester 2006 Financial Results in accordance with International Financial Reporting Standards (IFRS)

LAMDA Development consolidated turnover reached Euro 67,1 million in 1st semester 2006 compared to Euro 33,5 million in same period of previous year 2005, showing an increase of 100%.
The growth in group turnover is mainly attributed to the revenues generated by the two Shopping and Leisure Centers, The Mall Athens and Mediterranean Cosmos, as well as to the continuing sales of residential units by LAMDA Olympia Village S.A.. It should be noted that group turnover no longer consolidates the turnover of Swissport LAMDA Hellas after its disposal in June 2005.
Group turnover reiterates the strategic focus on Real Estate development, management and investment. Consolidated net profits after minority interest increased significantly as it reached Euro 44,6 million compared to a loss of Euro 6,8 million in the corresponding period last year. It should be noted that even if fair value gains were to be deducted from profits, the result would lead to profits of Euro 14,6 million.
The significant increase of the consolidated results by Euro 51,4 million compared to the 1st Semester 2005 is attributed to the gains from the adjustment of the fair value of the shopping center The Mall Athens by Euro 30 million (after the deduction of the deferred tax) and also to the successful operation and management of the two Shopping and Leisure Centers. The adjustment of the consideration for the transfer of the shares of EUROBANK PROPERTIES REIC by Euro 4,7 million and the profit from the transfer of ARGONAYTIS shares by Euro 3,4 million have also positively attributed to the results. The reduction of corporate income tax rate had also a positive effect to the profits by Euro 5,4 million. This favorable development counterbalanced the increase in financial expenses by Euro 7,2 million which are now expensed and no longer capitalized as in the previous periods, given the completion and commencement of operation of the group's real estate developments.
As far as the fair market value gains that resulted from the evaluation of the Shopping Center The Mall Athens, it should be noted that they have resulted from the successful operation of the shopping center and the improvement in the capitalization rate compared to the valuation as of 31/12/2005. The use of a lower cap rate for the valuation of the Shopping Center is based not only to the current market conditions but also to the sales agreement with HSBC LUXEMBOURG Sarl for the transfer of the 50% of the shares that LAMDA DEVELOPMENT held in the Shopping Center. The specific transaction, that has not been completed yet, obliged the company to appraise the value of the Shopping Center according to the current market conditions, as indicated by IFRS (IRS40). It should be noted that the financial profit from the forthcoming transaction has not been fully reflected in the financial results, as its completion is still pending.
The parent company LAMDA Development posted profits of Euro 33,4 million compared with profits of Euro 0,7 million in the 1st Semester 2005. This significant increase in profits is mainly an outcome of the reversal of provision from impairment by Euro 38,7 million reduction in the value of Lamda Olympia Village that was held on 31/12/2003 but it does not affect the consolidated results. Consolidated results have also been influenced positively by Euro 4,7 million from the adjustment in the consideration of the shares transfer of EUROBANK PROPERTIES REIC. On the other hand, results have been influenced negatively by Euro 5,6 million because of the provision of impairment of the value of LAMDA Shipyards & Marine Services SA., which reflects the transfer of accumulated loses of this subsidiary to the parent company.
LAMDA Olympia Village SA generated net profits of Euro 49,4 million against a loss of Euro 4 million in the 1st Semester of 2005. The net profits of the Shopping Center The Mall Athens that resulted from its appraisal to the fair market value are Euro 38 million. Total EBIT reached Euro 15 million, Euro 10,7 million of which pertain to net operating income from The Mall whereas the remaining Euro 4,3 million were generated by residential sales in ILIDA. The Center is currently fully leased.
PYLEA SA realized net profits of Euro 3,3 million compared to a loss of Euro 0,8 million in the corresponding period in the previous year. The entire income of Euro 8,6 million is generated by the operation of the Shopping Center Mediterranean Cosmos which is currently leased by 97%.
LAMDA TechnOL Flisvos Marina SA presented losses of Euro 1,6 million compared to losses of Euro 5,3 million in the 1st Semester 2005. This improvement stems from the increase in sales revenue which reached Euro 3 million compared to Euro 1,9 million in the first Semester 2005 and also due to the fact that the results of the 1st Semester 2005 were negatively influenced from the total amount of rent adjustment that concerned the fiscal year of 2004. It should be emphasized that negative results are attributed to the lease payments to ETA since, by applying the principle of prudence, the company charges its financial results by the full amount of lease payments requested by ETA (Hellenic Tourist Development Company), despite the fact that the final arbitration decision is in process and not issued yet. This arbitration decision is expected to decide the lease payments not only for the current year but also for the previous years 2005 and 2004. Furthermore, it is worth noting that the construction works in the marina resumed in the beginning of February 2006, after a 12 month suspension, given the withdrawal of the petition to the Council of State by the Municipality of Paleo Faliro.
LAMDA Shipyards & Marine Services S.A. continued with its efforts to reorganize and minimize operating costs. For that reason the company transferred the total share capital that held in the company ARGONAYTHS ANE registering profits of Euro 4,5 million. The company's financial results showed a profit of Euro 1,8 million compared to Euro 2 million losses in the corresponding period in the previous year.
LAMDA Hellix SA posted a turnover of Euro 1,1 million, increased by 70% compared to the corresponding period in 2005, whereas the net profits increased by 64%, reaching the amount of Euro 119 thousand. The company continues its efforts towards focusing on its business activities in the development, management and investment in real estate in Greece and abroad, whereas the main aim is to improve the relationship between return on investment and risk undertaken. All above would lead to the company's main target which is to increase the net value of assets.

The financial results of the first half-year 2006 will be published in the press on 31/8/2006 (newspapers Naftemporiki & Eleftherotypia) and will be announced on the company's website (www.lamda-development.net).

AGRICULTURAL BANK OF GREECE S.A. : First half 2006 financial results

According to International Financial Reporting Standards (IFRS)
- Increase in Net Profit by 16.7% (29.4% on a recurrent basis)
- Remarkable growth in Retail Banking of 44.6%
- Interest margin improvement despite high competition in the market (NIM ? 3.15%)
- Significant increase in Net Fee and Commission Income by 33.5%
- Effective Cost Containment policy, decline of operating expenses by 1.7%
- Coverage Ratio continues to be at satisfactory levels (85.7%)
- Sustained Capital Adequacy with Tier 1 ratio at 12.2%

ATEbank has achieved significant growth in profitability in the first 6-months of 2006 as consolidated profits after tax and minority interest increased by 16.7% reaching the level of Euro82.1 million versus Euro70.4 million in the corresponding period of the previous year. On a recurrent basis, if adjusted for one-off items, profits after tax and minority interest increased by 29.4%. It must be noted that the results were negatively affected by, firstly, a one-off tax liability of Euro29.9 million related to the dividend paid for the financial year 2005 and secondly, by the reduced result of the subsidiary Hellenic Sugar Company (by Euro22.6 million), following the recent EU decisions regarding sugar production. Net interest income reached Euro280.6 million, a 4.4% increase on a recurrent basis (excluding non-recurring interest income of around Euro54 million during the first half of 2005 due to loan restructuring under the law 3259/04 on "Panotokia"). The Net Interest Margin (net interest income over average interest earning assets) stood at 3.15% compared to 3.14%, on a recurrent basis, as of 30 June 2005 (and 3,09% as of 31 March 2006). Net fee and commission income showed a significant increase of 33.5% compared to the corresponding period in 2005 reaching the level of Euro37.2 million. Other non-interest income, showed an increase of 1.2% on a reported basis. On a recurrent basis (if we exclude Euro19.5 million trading gains relating to the disposal of part of the available for sale portfolio) other non-interest income showed a degrease of 22.1% versus the corresponding period in the previous year, mainly due to the increase of the cost of sales of the subsidiary Hellenic Sugar Company, following the recent EU decisions regarding sugar production and a transient negative valuation of the trading portfolio due to the drop of the Greek stock market during that period. On the other hand, the decline of operating costs contributed positively to the Group's operating result. Operating expenses reached Euro238.6 million, a decrease of 1.7% compared with 30 June 2005. This trend reflects the continuous effectiveness of the cost containment policy that is being implemented throughout the ATEbank Group of companies. The Group cost income ratio was 62.8% on a recurrent basis compared to 63.2% in the first six months of 2005. Total loans before provisions at the end of June 2006 reached Euro13.1 billion, an increase of 7.8% compared to end of June 2005. It should be noted that if adjusted for the Euro478 million loan write-offs under the "Panotokia law" during the period July 2005 to June 2006, the underlying expansion of the loan book would be 11.7%. Household loan portfolio as of 30 June 2006 reached Euro4.2 billion compared to Euro2.9 billion as of 30 June 2005, an increase of 45%, significantly higher than the market growth. The combination of new retail products with aggressive marketing campaigns which have been introduced during the last 4-5 quarters have resulted in a remarkable increase in new disbursements. Average mortgage lending new disbursements have gone up in the first half of 2006 by 180% compared to the first half of 2005 and by 47% compared to the average of the previous year. Similarly, in consumer credit, the new products which were gradually introduced since March 2006 have led the average consumer lending new disbursements in the first half of 2006 to increase by 63% compared to the corresponding period last year and by 53% compared to the average of the previous year. The strategy of the bank is to continue the aggressive approach to household customers and to expand this policy to the SMEs sector as well. The continuous increase of the household segment as a percentage of the total loan portfolio (32% in 6M06 compared to 24% in 6M05) signifies the efforts of ATEbank to expand further its activities in sectors which can produce relatively higher returns both through interest as well as fees and commissions income. Total NPL ratio dropped from 19.0% in 30 June 2005 to 14.3% in 30 June 2006, while the provisioning coverage ratio, despite the Euro478million of write-offs, remained at the satisfactory level of 85.7%. Customer deposits increased by 4.6% y-o-y at Euro17.3 billion, resulting in a loans to deposits ratio of 75.6%. Such a ratio together with the comparatively low cost of funding (1.36%), despite the continuous ECB rate increases, is a significant advantage which the bank will continue to utilize in order to foster growth and gain market shares in high competition sectors. EPS in the first six months of 2006 was Euro0.09. Based on the net profit for the 6M 2006, the Return on average Assets stood at 0.80% (0,85% on a recurrent basis), while the Return on average Equity was 13.75% (14.65% on a recurrent basis). ATEbank sustains a robust capital adequacy. At the end of June 2006, the estimated Total BIS Ratio stood at 11.6% and the Tier I Ratio at 12.2%. The evidenced positive development in the financial figures of ATEbank is the result of an intensive effort that is being made throughout the Group at an operational and organizational level. The aim is to increase market share in retail banking, to dynamically penetrate the SME segment, to further improve asset quality, to explore possible opportunities both within Greece and in the region, to disengage from non-financial participations and to improve the return of all companies of the Group.

HERACLES GENERAL CEMENT COMPANY S.A. : First Semester 2006 Results of the HERACLES G.C.Co. Group of Companies 14,8% increase in Group turnover for the first semester

The Heracles G.C.Co. Group of Companies announced today, sales of 329.5 million Euros for the first semester of 2006, increased by 14.8% in relation to the respective semester of 2005. Respectively, company's sales amounted to 294.4 million Euros for the first semester of 2006, increased by 14.8% as compared to the respective period of 2005. The increase in turnover is mainly resulting from the increase in domestic sales volumes as well as from the higher export prices in the international market. The dynamics shown by the domestic cement and ready-mix concrete market in the first semester of 2006 is attributed to the significant growth of the private building activity and to favorable weather conditions. The Group gross profit margin was 21,2% for the first semester of 2006 compared to 18,9% for the same period of 2005. Group earnings before taxes, interest and depreciation (EBITDA) of the first semester amounted to 63.9 million Euros compared to 51.0 million Euros in the corresponding period of 2005, increased by 25.5%. Earnings before taxes of the first semester for the Group amounted to 41.2 million Euros compared to 28.4 million Euros of the corresponding period of 2005, increased by 45.2%. Respectively, Group earnings after taxes amounted to 26.2 million Euros compared to 18.9 million Euros of the same period of 2005, increased by 38.2%. Group and Company earnings were positively affected by the increased participation of domestic sales in total sales and by increased exports prices, while they were partially offset by increased prices in fuel, electric power and raw materials. Investments on Group fixed assets amounted to 12.1 million Euros for the first semester 2006 compared to 8,5 million Euros for the corresponding semester of 2005, increased by 42.8%.

Company Profile
HERACLES Group of Companies, a member of Lafarge, is Greece's largest cement producer, with a production capacity of 9.6 million tons per year. It is also the largest cement exporter in Europe. Focused in Sustainable Development, it creates value for all its stakeholders contributing to the economy and to the local communities where it operates. With three cement plants - Volos plant (the largest in Europe), Halkis Plant, Milaki Plant - and seven terminals, the company has a production activity in 29 pref ectures around Greece. The Group is also active in the aggregates sector and in the production and trading of concrete. Lafarge is the world leader in building materials, with top-ranking positions in all four of its businesses: Cement, Aggregates & Concrete, Roofing & Gypsum. With 80,000 employees in 76 countries, Lafarge posted sales of ? 16 billion in 2005. To make advances in building materials, Lafarge places the customer at the heart of its concerns. It offers the construction industry and the general public innovative solutions bringing greater safety, comfort and quality to their everyday surroundings.

GENERAL BANK OF GREECE S.A. : Financial results for the 6 months period ended 30 June 2006
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