ΠΑΝΤΕΧΝΙΚΗ Α.Ε.

Announcement

The concession contract for the project STUDY CONSTRUCTION FINANCING OPERATION MAINTENANCE AND EXPLOITATION OF THE PROJECT KORINTHOS - TRIPOLI - KALAMATA HIGHWAY AND SECTION LEFKTRO SPARTI was signed today between the Hellenic State, the S.A. MOREAS contractor of the aforementioned project, as well as the latter s shareholders, namely ELLINIKI TECHNODOMIKI TEB A.E. (73.34%), PANTECHNIKI S.A. (13.33%) and INTRACOM HOLDINGS (13.33%). This contract is expected to be ratified within 4 months by the Parliament and the works will begin immediately after that. The construction period is expected to last 54 months and the total cost of the project amounts to 1,044 million Euros. The length of the Highway shall be around 205 kilometres. The following companies participate into the construction joint venture of the aforementioned project: AKTOR ATE, PANTECHNIKI S.A. and INTRAΚAT.