In accordance with the Article 292 of the Regulation of the Athens Exchange, Forthnet SA reports that the annual presentation to analysts took place in London on 27.03.2007 during the 7th Annual European & Emerging Markets Telecoms Conference, organized by Citigroup, where Mr. Pantelis Tzortzakis, CEO, presented the Group financial results for the fiscal year 2006 to analysts and institutional investors. Mr Tzortzakis presented the company''s KPI''s and provided a recent trading update. In particular reference was made to Forthnet''s ADSL subscribers exceeding 100,000 by year-end ''06 and the strengthening of its market share to 21.7%. Also, Mr Tzortzakis referred to the strong demand for Forthnet''s new bundled ULL offering (Forthnet 2play), initially through 28 Local Exchanges, since its official launch in January of this year and the current level of Forthnet ADSL subscribers reaching 125,000. During 2006, Forthnet invested Euro 36m in the development of broadband network in Greece and its investment plan is accelerating in 2007. Finally, reference was made to the agreement with OTE to construct 112 Local exchanges by Dec ''07, with a target for Forthnet to reach 165 Local Exchanges by that time, as well as the recent award of the broadband development of two regions in Northern Greece and the Islands of the East Aegean representing a total project amount of Euro 55.6m, which, combined with the Government Subsidy of the Development Law, will increase the total Government Subsidies for Forthnet up to Euro 36.4m.