ΙΑΣΩ Α.Ε.

Contract signing for the issuance of debenture loan

In compliance with the Hellenic Capital Market Commission's decrees 5/204/14.11.2000, 3/348/19.7.2005 and the Current Athens Stock Exchange Regulations, IASO SA announces the contract signing for the issuance of a common debenture loan up to the amount of 20 million Euro, with primary debenture - holder the National Bank of Greece. The loan will have 7-year duration and a draw-down facility until December 31, 2006. The proceeds of the debenture are to be utilised for the implementation of the IASO group's investment plan.