MICHANIKI Board of Directors announces the following: According to the June 22, 2007 decisions of the Annual General Assembly of the Shareholders, which approved the company's financial statements, the shares, both common and preferred, will trade x-dividend from Tuesday June 26, 2007. The dividend, for both shares, amounts to 0.14 euros per share (14 euro cents). Entitled to the dividend distribution are the shareholders on record, on Monday June 25, 2007. The payment of dividend will commence on July 04, 2007 and will be processed through the EFG Eurobank Ergasias S.A. as follows: 1. Through the Account Operator, at the Dematerialized Securities System, as provided by article 329 of the ATHEX regulation and article 39 of the Central Securities Depository regulation. 2. Through the EFG Eurobank Ergasias S.A. branch network, for those shareholders that have requested exclusion by their Operator at the Dematerialized Securities System or keep their shares in a special account. 3. For those shareholders that cannot for any reason collect their dividend through their operator, payment will be possible as of July 4, 2007 through the EFG Eurobank Ergasias S.A branch network. Dividend not collected within five (5) years is prescribed to the Hellenic Public Sector. The collection of dividend in the second and third case will be feasible until 4/07/2008 upon notification of the Investors' Account Code Number and display of the Identification Card, either in person or by proxy. For additional information, shareholders may contact the company's Shareholder Service Department, tel. 210 80 97 100, 91 M. Alexandrou street, Amarousio, 151 24.