Following the decision of the Annual Shareholders Meeting on the 29th of June 2007, the company announces the payment of 6,5 cents per share (0,065 euro) as cash dividend for the fiscal year 2006, which will be net from any taxes. All the holders of the company s shares at the closing of the trading day of the Athens Stock Exchange of August 17, 2007, are entitled to receive the cash dividend. As of Monday the 20th of August 2007, the stock will be traded without the right to receive the dividend. The starting date that dividend will be cashed is Monday the 27th of August 2007 via the network of EFG EUROBANK ERGASIAS S.A, which will take place as follows: 1. Through the authorised administrators (Stockbrokers and Banks) of beneficiary shareholders via the Dematerialised Securities System (SAT). 2. Through EFG EUROBANK ERGASIAS S.A branches for those shareholders who have asked for exception of their authorized administrator for SAT or keep their shares in the special account. 3. Through EFG EUROBANK ERGASIAS S.A branches for those shareholders who will not receive their dividend payment through the authorized administrators for whatever reason. For cases 2 and 3, the payment will be done directly to the shareholders or their authorized representatives, after the presentation of his I.D. and the S.A.T. number until 31/12/2007. From 1/1/2008 payment will be made only at the company's head office at 96 Vouliagmenis Avenue, 166 74 Glyfada. For further information, Shareholders should contact the Shareholders' Department of the company ELMEC SPORT SA on 210 - 96 99 362.