In accordance with the decision of the ordinary general meeting of the company's shareholders, held on 23rd June 2006, the dividend for the financial year 2005 and the pre-dividend for the financial year 2006 has been set at EUR 0,02 and EUR 0,13 per share respectively. The dividend and the pre-dividend will be payable to those Shareholders who hold shares in our company at the close of the 5th July 2006 session of the Athens Stock Exchange. From Thursday 6th July 2006 our company shares will be negotiable at the Athens Stock Exchange without a consequent right to receive a dividend for the financial year 2005 and pre-dividend for the financial year 2006. Payment of the dividend and pre-dividend will be effected from Friday 14th July 2006 until Friday, 29th September 2006. Payment of the dividend and pre-dividend will be made through PIRAEUS BANK SA (Department of Institutional Investors of Piraeus Bank, 4 Aristidou St., 1st floor, Athens, 10559, tel. 210 3288747), during normal working days and hours, (8:00 a.m. until 2:30 p.m.) as follows: 1) Through the authorised administrators (Stockbrokers and Banks) of beneficiary shareholders via the Dematerialised Securities System (SAT). 2) Through PIRAEUS BANK branches for those shareholders who have asked for exception of their authorized administrator from S.A.T. or keep their shares in the special account. 3) Through PIRAEUS BANK branches for those shareholders who have not given or have recalled the relevant authorization to the S.A.T. administrators (at least 5 working days prior to the dividend and pre-dividend payment date through a relevant letter to the Central Securities Depository C.S.D.) or for those shares that are in accounts of non presentable investors. In that case, the payment will be done directly to the shareholders or their authorized representatives, after the presentation of his I.D., his Tax Registration Number and a copy of the S.A.T. report. After the expiry date (29-9-2006) payment will be made only at the company's head office at 340 Kifisias Avenue, 3rd floor, 154 51 Neo Psyhiko, on working days, between the hours of 09.00 a.m. and 2.00 p.m. For further information, Shareholders should contact the Shareholders? Department of the company 'FOURLIS HOLDINGS SA' on 210 629 3004.