In terms of provisions of article 2, par. 1 of Hellenic Capital Market Commission's Board of Directors decision No 5/204/14-11-2000 and due to some publications which referred to the validity of "VITA PI S.A." share transfer, “ELGEKA S.A.” notifies its shareholders and the investing public the followings:

“ELGEKA S.A.” acquired "VITA PI S.A.", having as a criterion its strategic growth in the wholesale market, an operation which is relevant and in full conformity with its existing activities.

Regarding the recent publications concerning the process related to Hellenic Competition Commission on the acquisition of shares of "VITA PI S.A.", we note the following:

-  The acquisition was disclosed to the Hellenic Competition Commission timely in accordance to article 4^a of Law 703/77, and then, after a decision by the Hellenic Competition Commission that this acquisition governed by article 4^b of Law 703/77, the acquisition disclosed late in accordance with article 4^b.

-   Due to late disclosure in accordance to article 4^b of Law 703/77, was initiated procedure against the liable company "ELGEKA S.A.", in the context of which the responsible draftsman of the Hellenic Competition Commission proposed the charging of fine to our Company for infringement of timely disclosure obligation in accordance to article 4^b and because the acquisition took place before the issuance of a relevant approval decision.

-   In no case the acquisition of VITA PI by ELGEKA was judged as prohibited by the provisions of Law 703/77, or examined this possibility by the Hellenic Competition Commission, fact which explains itself the report of the draftsman.

Any other statements or related publications are made for the creation of impressions and confusion and therefore are absolutely unfounded, false and defamatory.

Thessaloniki, 9^th of December 2011