NAKAS MUSIC

Financial results of the first semester of the running fiscal year, from 01.07.2004 to 31.12.2004.

The company's financial results during the first semester of the running fiscal year, from 01.07.2004 to 31.12.2004, are improved compared to the results of the respective period in the previous fiscal year, showing the company's ongoing process.

Specifically, according to the consolidated summary financial statement for the first semester of the fiscal year 2004 ? 2005, the turnover increased at 11,66% and reached the amount of 17.242.577 Euros against 15.441.778 Euros in the previous year's semester.

The amount of profit before taxes is 1.532.531 Euros against 1.269.778 Euros of the respective semester in the previous year, marking an increase of 20.69%.