AEOLIAN INVESTMENT FUND S.A. ended the third quarter of 2005 with significant profits, adjusted according to IFRS standards. Specifically, net profits amounted to EUR 3.609 thousand compared to losses of EUR 132 thousand in the corresponding period a year ago.

Also, on 30.09.2005, the intrinsic value of the share amounted to EUR 3.18, increasing since the beginning of the year by 10.81%, while at the same time, the share was traded with a 27% discount.

The investment strategy of the company is aiming at realizing investments in Greece, the EU and emerging European countries.

Moreover, on 30.09.2005, the total of the company's portfolio in share investments comprised 62.4% of assets, of which 37.4% concerned investments in Greek shares, 5.5% in emerging, while the remaining 19.50% was invested mainly in large capitalization European shares. Also, on 30.09.2005, the largest positions of the company was in stocks of PPC, Alpha Bank, Folli Follie and HTO.