The company EDRASIS-C.PSALIDAS TECHNICAL CO. S.A. announced that it has signed five new project contracts amounting over EUR 4.5 million since the beginning of November 2005.

More specifically, EDRASIS undertook the construction of projects (all reported amounts do not include V.A.T.) on behalf of the following companies:

BAKLI BROS S.A.(EUR 1.900 million approximately). DROMEAS-ARGYROUPOLI TECHNICAL CO. S.A. (KONTELLI GROUP): EUR 1.300 million. ALUMINIUM OF GREECE S.A. (MYTILINEOS GROUP): EUR 750,000 J &P-AVAX S.A. (EUR 290,000) MUNICIPALITY OF HERAKLION CRETE (UNDERWRITER: P & O DEVELOPMENT S.A.): EUR 380,000.

With the addition of these five new projects, the unutilized balance of EDRASIS-CH. PSALIDAS projects is sustained at EUR 130 million, while the operating worksites of the company and the joint ventures in which it participates currently exceed 50, of which 3 are operating in Romania and 5 in Kuwait.