On Thursday, December 15, 2005 NEOCHIMIKI L.V. LAVRENTIADIS contracted a common syndicated loan of 62,000,000 euro and 7 years of duration.

Emporiki Bank was the Mandate Lead Arranger of the loan and National Bank was the Lead Arranger, while the other participating banks were among the largest in the Greek market.

More specifically, the syndicated loan was covered by the banks: EMPORIKI BANK, NATIONAL BANK OF GREECE, NOVABANK S.A., EFG EUROBANK ERGASIAS S.A., EGNATIA BANK S.A., PIRAEUS BANK, BANK OF CYPRUS LTD., GENIKI BANK, HELLENIC BANK LTD., FBB FIRST BUSINESS BANK S.A.

The said loan is expected to have a very positive impact on the company's growth perspectives, since it will provide the necessary liquidity for the attainment of its growth objectives within the following five years.