HELLENIC EXCHANGES - ATHENS STOCK EXCHANGE S.A.

The BoD of HELEX is considering of proposing to the Annual General Meeting of its shareholders an ordinary dividend payment of euros 0.20 per share and capital return of euros 2,05 per share.

The Board of Directors of Hellenic Exchanges Holding S.A., is considering of proposing to the Annual General Meeting of its shareholders an ordinary dividend payment of euros 0.20 per share. Additionally, the BoD proposes a capital return of euros 2,05 per share, with equivalent decrease of the nominal value of its shares.

The annual financial statements of the company will be published on Thursday, February 24th 2005.