INTRACOM S.A. HOLDINGS

Αnnouncement

Regarding the unanimous decision of the October 27, 2005 General Meeting of Company shareholders on the increase and simultaneous equivalent decrease of share capital, INTRACOM announces that the responsible Ministry of Development service will not proceed to the relevant recording in the Societe Anonyme (S.A.) Register because the debit differences which resulted from the first application of the International Financial Reporting Standards (I.F.R.S.) have not yet appeared in the Company's Annual Report.