ΕΛΓΕΚΑ Α.Ε.

Financial Results for the 9-month period to 30.9.2004

The Financial Results of the listed company in the Athens Stock Exchange, ELGEKA S.A. for the period of 01/01/-30/09/2004, show an increase of the Total Turnover by 5%, which reached euros 81,7 million versus euros 77,7 million in the corresponding period of 2003.

The Gross Operating Results reached euros 17,4 million, showing a slight increase (0,8%) compared to the relevant 9-month period of 2003. The Net Operating Results reached euros 2,9 million showing a decrease (-1,8%) compared to the corresponding period of 2003. The Results (profit) before Tax reached euros 2,93 million increased by 1%

The Consolidated Financial Results of the Group for the period 01/01-30/09/2004 are as follows:

The Consolidated Total Turnover reached euros 136,3 million increased by euros 18,8 million or 16% compared to euros 117,5 million in the relevant period of 2003. The Net Consolidated Profit before Tax and Minority Interests reached euros 3,7 million versus euros 3,4 million in the relevant period of 2003, increased by 10,6%.

Regarding the commercial activity of ELGEKA S.A., during the year 2004 the company commenced a commercial collaboration with PROCTER & GAMBLE L.T.D. as the exclusive distributor of PRINGLES for the 50gr package while for the 200gr package the distribution agreement is not exclusive. Furthermore, after the conclusion of two agreements with ARAMARK/DASKO S.A., ELGEKA undertook and successfully accomplished the provision of storage, selection, and distribution of food products to the restaurants of the Olympic / Paraolympic village and to other places where agonistic events were conducted at Attika prefecture during the Olympic / Paraolympic games Athens 2004.

Additionally, during the year 2004 ELGEKA presence in the real estate market of Romania became more noticeable with the activities of the companies SC GATEDOOR HOLDINGS COM SRL, GREC-ROM BUSINESS GROUP SLR and HIGHWAY TRADING SRL. Moreover ELGEKA-FERFELIS ROMANIA SRL, which activates in Romania has recently undertook the exclusive distribution of the cleaning products CALGON, VANISH, CALGONIT, DOSSIA, CALINDA and MORTEIN of the multinational company RECKITT BENCKISER S.A., in the Romanian territory.