INTRACOM S.A. HOLDINGS

The consortium of INTRAROM - INTRACOM IT SERVICES has been awarded a contract worth Euro 19.5 mil. with the Ministry of Justice and the Public Ministry of Romania

Bucharest - February 28, 2006 - INTRAROM signed on behalf of the consortium a contract valued approximately Euro 19.5 mil. with the Ministry of Justice and the Public Ministry, for the acquisition of IT Equipment & Services through a financial leasing by Unicredit Leasing. This is the most important acquisition contract of the Ministry of Justice and Public Ministry and was signed by Ms. Monica Macovei - Minister of Justice and Mr. Ilie Botos - the Prosecutor General. The consortium was awarded this contract after winning the open tender issued by the contracting association formed by the Ministry of Justice and the Public Ministry, for the supply, through financial leasing of IT equipment necessary for judiciary and penitentiary system in Romania. This turn key project will create the infrastructure for improving the efficiency of justice in Romania and its integration to European standards. Best of bread products from different vendors such as HP, Cisco, Flamingo and Softwin will be used. It should be noted that this is a project of great importance for both the Ministry of Justice and the Public Ministry, harmonizing their operations and practices to European standards and ensuring the efficiency and modernization of Justice in Romania.

About INTRAROM:
Founded in 1993, INTRAROM a member INTRACOM group of companies, is the most important ICT solutions provider in Romania, having Euro 30 mil. infrastructure investments and over 500 employees. Based on its accumulated experience, INTRAROM has a highly specialized expertise in all the domains that operates, proved by undertaking high profile and complex projects and its significant customers.

About INTRACOM HOLDINGS:
INTRACOM SA was founded in 1977, has been listed on the Athens Stock Exchange since 1990, and is included in the FTSE/ASE-20 LargeCap index. On December 2005, the Group reorganized, creating INTRACOM HOLDINGS, one of the largest Greek multinational holding Groups, active in telecommunications, e-government, banking and enterprise, defense electronic systems, and construction. The Group's major subsidiaries are: INTRACOM TELECOM, INTRACOM DEFENSE ELECTRONICS, INTRACOM IT SERVICES, INTRAKAT and H.O.L. INTRACOM HOLDINGS Group has 5.250 employees, exports to 60 countries, and operates subsidiaries in 16 countries.