The Board of Directors of RAINBOW COMPUTER S.A. informs the investing public the following:

The Shareholders' Ordinary General Meeting of the company held on 29.12.2005, decided, inter alia, to decrease the par value of the share, i.e. from EUR 0.60 to EUR 0.30 and to simultaneously increase the total number of shares from 1,875,000 to 3,750,000 common registered shares (split). The aforesaid 1,875,000 new shares are about to be distributed as bonus shares to company shareholders, in terms of: 1 new common registered share for every 1 old common registered share.

After the aforementioned corporate action, the share capital of the company stands at EUR 1,125,000, divided into 3,750,000 shares, of a par value of EUR 0.30 per share.

Also, on 23.01.2006, the decision of the Ministry of Development, which approved the relevant modifications of the corresponding articles of the company's Charter, was registered in the Official Register of Societes Anonymes.

Furthermore, the ATHEX Board of Directors, during its session on 27.01.2006, approved the listing to trading of the new bonus shares, which derive according to the above-mentioned. Beneficiaries of the new bonus shares will be company shareholders, whose names have been registered on the company's Shareholders' Register on 31.01.2006 (at the close of the trading session of the ATHEX). As of the next working day, i.e. 01.02.2006, the shares of the company will be traded on the ATHEX under their new par value of EUR 0.30 and without the right to participate in the distribution of new bonus shares. Also, as of the same date, the opening price for the trading of the new shares on the ATHEX will be determined in accordance with the ATHEX Regulation. The trading of the 1,875,000 new bonus common registered shares will commence on the ATHEX on 08/02/2006. As of the same date, the aforementioned shares will be credited to the DSS accounts of the beneficiary-shareholders.

For further information, Messrs. Shareholders may contact the company's Shareholders' Service Department at +30 210-90.12.892, contact person: Mrs. E.Michalatou.