Highlights of the results
- Sales increased by 20%, from euro 134,9 mil. to euro 161,9 mil.
- Operating EBITDA increased by 46.7% from euro 14,9 mil. to euro 21,9 mil.
- Total EBITDA increased by 10.6% from euro 21,1 mil. to euro 23,4 mil.
- Net profit after tax and minority interest increased by 9.5%, from euro 2,9 mil. to euro 3,2 mil.

The financial results of the Group continued to reflect an improving trend during the 2nd Quarter 2006, in alignment with the budget for the same period.
The key factor that facilitated this improvement was the significant sales increase in all major countries in which the Group operates, particularly Greece, Romania, Poland and Egypt.
The lower increase of total EBITDA and net profit, compared to the significant increase of sales & Operating EBITDA, is mainly attributable to the inclusion of non-recurring income items in EBITDA for the 1st Semester 2005, amounting to euro 4.6 mil.

The condensed Financial Statements for 1st Semester 2006 will be published on Tuesday 29 August 2006. The full set of Financial Statements will be available in the Company?s web site (www.chipita.com), from the same date.

For further information :
Artemis Dousia e-mail: dousia@chipita.com tel. 2102885150
Konstantinos Apostolidis e-mail: apostolides@chipita.com tel. 2102885422