The pre-tax profits of ETHNIKI GREEK GENERAL INSURANCE GROUP of COMPANIES S.A. increased significantly by 260% to EUR 32,967,000 in the nine-month period of 2005 compared to EUR 9,157,000 in the corresponding period of 2004. Specifically, the profits of the company have already exceeded the annual target set in the business plan, as year-end profits were expected to reach EUR 23,547,000. Among the factors which contributed to the company's profits are the improvement of the technical results of the Individual Life Insurance sector, the holding down of operating costs within budget, the improvement of revenues generated from investments as well as the profit of EUR 6,428,000 generated from the sale of company property for the amount of EUR 14,700,000.

The Life Insurance sector increased by some 10.3% on 30.9.2005 compared to the same period on 30.9.2004. The total number of registered insurance premiums for the period are increased by some 2.5% to EUR 186,349,000 versus EUR 181,764,000.

In the General Insurance sectors, except for the car insurance sector, registered insurance premiums rose by some 4.2%. On 30.9.2005, the total number of insurance premiums produced in the General Insurance sectors is decreased by 2.3% to EUR 266,514,000 compared to EUR 272,702,000 in the corresponding period a year ago.

Operating expenses are in the same levels of 30.9.2004.

IKTINOS HELLAS S.A. announces that, within the framework of the merger by absorption of its 100% subsidiary company "IKTINOS QUARRY S.A.", the BoD of the two companies have set the date for the restructuring balance sheet for 31.10.2005.

DIONIC S.A announced today the new composition of its Board of Directors:

1. Ioannis Nikolaos Messimeris, Chairman-Non-executive Member
2. Christos Bizoumis, Vice-Chairman-Executive Member
3. Thomas Roumbas, Chief Executive Officer-Executive Member
4. Nikolaos Tzanakis, Executive Member
5. Georgios Sarigiannis, Executive Member
6. Charalambos Charalambopoulos, Independent Non-Executive Member
7. Charalambos Pantazopoulos, Non-Executive Member
8. Alexandros Lavranos, Independent, Non-Executive Member

SOLVENCY INTERNATIONAL HOLDINGS S.A. announced today that by the relevant decision of its BoD, on 26.10.2005 carried out a transfer of its property in Thessaloniki for the amount of EUR 9,184 thousand.

The Board of Directors of GENERAL FOODS S.A.-UNCLE STATHIS S.A. calls the Extraordinary Shareholders' General Meeting to decide about the share capital increase of the company, through the capitalization of: EUR 1,500,000 (plus tax), the untaxed reserve (L.1892/90) of the company and the issue of new bonus shares.

The company NEOCHEMIKI L.V.LAVRENTIADIS S.A. announces, according to the decision the BoD of its subsidiary company "LAMDA DETERGENT S.A." (84.62%) has reached during its session on 1.11.2005, the intention of the company for a merger by acquisition from the company BALLIS CHEMICALS S.A. The said merger will be carried out in accordance with the provisions stipulated in articles of C.L.2190/1920 and L.2166/1993. Also, the date for the restucturing balance sheet of the acquired company will be 30.11.2005. Moreover, the proposed shares' exchange ratio of the acquiring and the acquired company will be determined after the valuation of an independent credit institution, investment services firm or auditing house. The aforesaid merger is subject to the approval of the General Meetings of both companies and the competent authorities and is expected to be completed within six months approximately.

The companies BALLIS CHEMICALS S.A. ("BALLIS") and "LAMDA DETERGENT S.A.", subsidiary company of NEOCHEMIKI L.V.LAVRENTIADIS S.A. by 84.62%, for its own behalf and its parent company, jointly announce the agreement of the following: a) The principal shareholders of BALLIS, Messrs. Konstantinos Ballis and Ekaterini Papadopoulou, holders of 3,203,892 and 2,400,660 shares, respectively (of the total number of 8,021,760 shares of the company) will transfer to LAMDA DETERGENT the total number of their shares, at EUR 0.90 per share, b) Mr.Konstantinos Ballis will purchase 218,000 shares (on the total number of 11,000,000 shares of the company) of LAMDA DETERGENT, with NEOCHEMIKI as seller-shareholder, at EUR 7.57 per share, c) Mrs. Ekaterini Papadopoulou will buy 218,000 shares (on the total number of 11,000,000 shares of the company) of LAMDA DETERGENT, with NEOCHEMIKI as seller-shareholder, at EUR 7.57 per share, d) The companies BALLIS and LAMDA DETERGENT will proceed with the merger of the two companies through the acquisition of the latter by the former. The merger of the two companies by acquisition of LAMDA DETERGENT from BALLIS creates significant synergies for the production activity of the companies in question. In particular, both companies will have the chance to expand their production activity in the professional chemicals and detergents' sector, whereby BALLIS has a strong know-how.

Profits before tax reached Euro 411 thousand for the period ending 30/9/2005 against Euro 33 thousand last year. On a net basis, the company posted losses of Euro 53 thousand, compared with profits of Euro 270 thousand last year, due to the application of deferred taxation. Profits before interest, tax, depreciation and amortization (EBITDA) reached Euro 8 million from Euro 11 million last year. Τurnover reached Euro 33 million against Euro 38 million last year, due to the higher than normal occupancy rates during the 2004 Summer Olympics, when the Athens Hilton was the official hotel of the International Olympic Committee.