Χ. ΡΟΚΑΣ ΑΒΕΕ

Financial results for 2005 - Dynamic rates of growth for turnover and profitability of the Group

The Rokas Group turnover amounted to euro 53.5 million, as per the financial statements drawn up according to International Accounting Standards in 2005, compared to euro 30.4 million in 2004, presenting an increase of 75%. During the same period, earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to euro 28.5 million compared to euro 21.4 million in 2004, presenting an increase of 33%. Furthermore, during 2005, earnings before interest and tax (EBIT) amounted to euro 15.6 million, showing an increase of 25% compared to euro 12.5 million in 2004. The Rokas Group earnings before tax (EBT) amounted to euro 13 million compared to euro 7.2 million in 2004, showing an increase of 80%. The Rokas Group earnings after tax and minorities (EATAM) also showed an increase of 230%, amounting to euro 9 million at the end of 2005 compared to ? 2.7 million during the respective financial year 2004.

Breakdown of turnover:
The Rokas Group turnover is broken down in the sectors of energy, metal structures and fish farming. At year-end, the turnover of metal structures sector amounted to ?15.3 million, representing 29% of the Group's total revenues in opposition to 2004 when it represented merely 2%. This increase is mainly associated with the large projects carried out by the parent company, e.g. for the Port of Astakos. The turnover generated from the energy sector rose by 27% compared to 2004, representing 68% of the Group's total revenues and amounting to euro 36.3 million at the end of the year 2005, rising from euro 28.6 million in 2004. The production of the "Patriarchis" wind park in Rokas Aeoliki Thraki II contributed to this increase with 2005 being the first year that the park was put into full operation. The Management of the Rokas Group continued in 2005 its efforts to achieve a higher penetration in the energy market. During 2005 the construction of wind parks of 48.5 MW started, which are expected to operate within 2006.

Prospects - Objectives:
Through the implementation of its new investment plan (2006-2009), the Rokas Group aims to maintain its leading position in the energy sector by developing wind parks with a total capacity of approximately 400 MW and by exploring potential investments in Greece and the Balkans. It is expected that the implementation of the Group's investment plan in the energy sector will also offer significant synergies in the sector of metal structures in which the parent company is traditionally involved, since the said company constructs among others the majority of the Group's energy projects. It is also expected that the sector of electromechanical works will be considerably strengthened either by projects carried out for the company KONECRANES or projects for Greek Ports or projects of the Public Power Corporation, in the construction of which the parent company will endeavor to participate.

Change of financial activity sector in the Stock Exchange:
Pursuant to the model of industry classification "FTSE Dow Jones Industry Classification Benchmark" and based on the Group's consolidated figures, C.ROKAS S.A. is to be reclassified as of 20 March 2006 in the financial activity sector of the Athens Stock Exchange "Utilities", and more specifically the subsector "Electricity".