Announcement
According to the provisions of Decisions 5/204/2000 and 3/347/2005 of the Board of Directors of the Capital Markets Committee and further to its previous announcements, the Company announces to the public the following:
1.The process of raising capital amounting to euro 120 mil. from the international investment market was completed successfully with the assistance of the international investment bank Lazard, who acted as advisor to the Company.
2.Healthcare Investors (Greece), L.L.C. has agreed to invest euro 50 mil. in the impending increase of the Company's share capital, which is going to amount to euro 60 mil, at the issue price of euro 8 per share.
3.Healthcare Investors (Greece), L.L.C. is managed by Farallon Capital Management, L.L.C. and advised by Noonday Asset Management LLP. Farallon and Noonday are private management firms which together manage more than $ 26 bil. of equity capital.
4.The Company has a contract with the Bank of Piraeus to which it has entrusted the role of issuance advisor for the purposes of preparing the prospectus and for the listing of the new shares on the Athens Exchange.
5.The Company has reached an agreement in principle with an international investor in connection with an investment amounting to euro 60 mil. to be effected through a convertible bond loan.
6.In relation to the above matters, the Company has called an Extraordinary General Meeting of Shareholders for the 30th of June 2007.