In compliance with the Presidential Decree 51/1992 and the article 20 of the Hellenic Capital Markets Commission and the New Regulation of ASE, we inform you that ALBATROS HOLDINGS S.A., shareholder of ELBISCO HOLDING S.A., according to Presidential Decree 51/1992 and the article 20 of the Hellenic Capital Markets Commission has informed the Company for the change as of 01/03/2006 of its voting rights on ELBISCO HOLDING S.A.

More Specifically,
ALBATROS HOLDINGS S.A. (Shareholder)
Reason for the change of voting rights: Acquisition of shares.
Date: 1/3/2006.
Before the change: (direct).
1. Number of voting rights: 7,00%.
2. Number of shares with voting rights: 3.134.778.
3. Percentage of Share Capital: 7,00%.
After the change: (direct).
1. Number of voting rights: 11,90%.
2. Number of shares with voting rights: 5.329.978.
3. Percentage of Share Capital: 11,90%.

Recall that the total number of shares of the Company is currently 44.800.000 common shares.