INTRACOM HOLDINGS announces that Mr. Apostolos Koukouvinos, Managing Director and member of the Board of Directors of its subsidiary Hellas on Line (HOL), has resigned. Starting September 1, 2006, Mr. Stefanos Loukakos, HOL BoD Vice-President, takes over as the Managing Director of the company.
Mr. Loukakos has an extensive experience in the senior management of Deutsche Telekom and HSBC in Paris and London. He holds an M.B.A. from INSEAD, Master Degrees in Engineering from Stanford and Berkeley (California) Universities and is a cum laudae graduate of the National Technical University of Athens.

About INTRACOM HOLDINGS
Founded in 1977, INTRACOM SA is listed on the Athens Stock Exchange since 1990 and included in the FTSE/ASE-20 LargeCap index. In December 2005 INTRACOM was transformed to a holding company under the name INTRACOM HOLDINGS, being one of the largest multinational technology groups in South-Eastern Europe. The Group's major participations are: INTRACOM TELECOM (telecommunication systems and solutions), INTRACOM DEFENSE ELECTRONICS (defense electronics systems), INTRACOM IT SERVICES (IT solutions for the public sector, banking and enterprises), INTRAKAT (construction, high-tech installations, steel structures, infrastructure maintenance) and Hellas On Line (Internet and voice services provider). INTRACOM HOLDINGS, as a group, has 5,700 employees, exports to 60 countries and operates subsidiaries in 19 countries. For more information please visit: www.intracom.com. ### Information for news editors Christina Geronicola, Communications Director, INTRACOM HOLDINGS tel. +30-210-667-4747, email: christina.geronicola@intracom.com Vivian Tsamadou, Media Relations & Public Affairs Manager, INTRACOM HOLDINGS tel. +30-210-667-7121, e-mail: vtsa@intracom.gr