ALTIUS ΕΠΕΝΔΥΤΙΚΗ Α.Ε.Ε.Χ.

2005 first half results

The company Altius Investment Fund S.A. has released its financial results for the first half of 2005. More specifically, the company published the aforesaid results in the daily newspaper "H CHORA" on 11 August 2005 and will also publish those in the financial newspaper "ISOTIMIA" on 20 August 2005.

Specifically:

After-tax profits amounted to euro 619,255 compared to losses of euro 448,543 in the first half of 2004, i.e. EPS of euro 0.13
NAV -up to 30/6/2005- reached 7.24%. Net worth amounted to euro 9.22m or euro 1.92 per share.
On 30/06/2005, the company's portfolio comprised mainly: ATHEX shares (78%), bonds (7.5%) and International Exchanges shares (5%).
The prospects for the third quarter are very optimistic, as on 18 August 2005, the net value return since the beginning of the year reached 15% and net value per share euro 2.07.