CHIPITA INTERNATIONAL S.A.

Consolidated Results for the Financial Year ended at 31 December 2005
(according to the International Financial Reporting Standards)

Highlights of the results for the year
- Sales increased by 16,3%, from Euro 255,4 mil. in 2004 to Euro 297,1 mil. in 2005.
- EBITDA increased by 25%, from Euro 35,9 mil. to Euro 44,9 mil.
- Profit before tax increased by 54,4% from Euro 9,6 mil. σε Euro 14,8 mil.
- Net profit after tax, attributable to the Shareholders of Chipita

International S.A., increased by 3%, from euro 5,7 mil. to euro 5,9 mil.

The President of the Board of Directors, Mr. Spyros Theodoropoulos, commented on the results of the fiscal year 2005, as follows: "The developing trend of the main financial figures of the Group, continued during 2005. The profit before tax and EBITDA increased compared to the previous year, while the net profit after tax, attributable to the Shareholders of Chipita International S.A., have been influenced by the decision of the Board of Directors for the distribution of a dividend, amounting Euro 0,06 per share, which resulted in a significant additional tax liability, that was recognized in the closing year's profit and loss statement".

The condensed Financial Statements for the year ended 31 December 2005 will be published on Tuesday 14 March 2006. The full set of Financial Statements will be available in the Company's web site from the same date.

For further information:
Artemis Dousia, e-mail: dousia@chipita.com, tel. 2102885150.
Konstantinos Apostolidis, e-mail: apostolides@chipita.com, tel. 2102885422.