ΓΕΡΜΑΝΟΣ Α.Β.Ε.Ε.

GERMANOS SA currently holds 100% of its subsidiary GERMANOS TELECOM BULGARIA AD.

GERMANOS SA currently holds 100% of its subsidiary GERMANOS TELECOM BULGARIA AD, after acquiring the remaining 7.3% from the remaining shareholders. The cost of the acquisition was 119,385.94 EUR. This acquisition was the materialisation of item 12 of the AGM AGENDA that took place on the 24th June 2005.