The Board of Directors of the company ZENON S.A. informs Messrs. Shareholders that the Share Capital Increase of the company in the form of a Rights' Issue, which was decided by the Shareholders' Extraordinary General Meeting of 12.10.2005 and was realized from 4.01.2006 until 18.01.2006 was subscribed by the old shareholders by 13.11% through the payment of the total amount of EUR 908,939.68, amount which corresponds to 243,032 new common registered shares, while 1,611,378 shares remained undistributed. At the discretion of the the Board of Directors of the company, the aforesaid undistributed shares were given to Greek and foreign investors and consequently the increase was subscribed by 100%, while the total amount of the share capital increase amounts to EUr 6,935,493.40. Following the above, the share capital of the company will be increased by EUR 945,749.10, through the issue of 1,854,410 new common registered shares, of a nominal value of EUR 0.51 each. The new shares that derived from the aforementioned increase will be given to beneficiaries in dematerialized form through a credit to the Investors Shares and Securities Accounts that are observed in the Dematerialized Securities System (DSS). The credit date of the new shares to the accounts of beneficiaries as well as their start date of trading on the ATHEX will be announced to the investing public through an company announcement in the Press.