QUEST HOLDINGS S.A.

Announcement for the cancellation and deletion of own shares

The BoD of Info-Quest S.A. announces that the shareholders' Extraordinary General Meeting on December 5, 2005 decided among others, the share capital decrease by 1.386.950 euros with the reduce of the number of shares from 50.092.170 to 48.705.220 common registered shares through the cancellation and deletion of the own shares according to the article 16 of Law 2190/1920. The 1.386.950 shares were bought from July 11, 2002 to March 6, 2003 following the Decision of its shareholders? General Meeting on June 28, 2002 and the Decision and relevant announcements of the company?s BoD on June 28, 2002.

Thus, following the above, the company?s share capital amounts to 48.705.220 euros and is divided in 48.705.220 (CR) shares, of a nominal share value of one euro each.

Following the registration in the Societes Anonymes Registry of the Ministry of Development of the No K2-16043-22.12.2005 Decision of the Ministry of Development, the modification of the relevant article of the Company's Statutes was ratified.

Τhe ATHEX Board of Directors, during its session on January 5, 2006 was informed about the share capital decrease due to the cancellation and deletion of the own shares.

As of January 12, 2006, the trading of the 1.386.950 shares ceases and they are erased from the ATHEX following the Decision of the company's BoD.