The company ALMA-ATERMON S.A., in reference to its relevant announcement of 30.12.2005 and pursuant to Article 4, par.2(e) of L.3401/2005, informs the investing public that, the Shareholders' Extraordinary General Meeting held on 30.12.2005 decided the following:

1. The increase of the par value of each share from EUR 0.30 to EUR 0.90 with a simultaneous decrease of the number of existing shares, i.e. from 64,146,200 to 21,382,067 common registered shares (reverse split).
2. The share capital increase of the company by the amount of EUR 0.30, through the capitalization of reserves, in order to round up the number of shares.

Following all the above, the fully-paid share capital of the company amounts to EUR 19,243,860.30, divided into 21,382,067 common registered shares of a par value of EUR 0.30 each.

Company Shareholders will replace their old shares of a par value of EUR 0.30 for the new shares carrying a par value of EUR 0.90 and for each 3 old shares will receive 1 new share.The date for the temporary cease of the existing shares of the company and pursuant to Article 310, par.5 of the ATHEX Regulation, will be the fourth working day that follows the approval date for the trading of the new shares on the ATHEX and the date for the trading of the new shares will be the fifth working day that follows the date of the temporary cease of trading of shares.

Interested parties, who wish to receive more information, may contact, during working days and hours, the company's offices and specifically, the Shareholders' Service Department at +30 210-75.72.800 (contact person: Mrs. Ioanna Theodorogianni).