LANAKAM S.A.

LANAKAM S.A. intends to convene the year 2005 Annual Ordinary General Meeting of shareholders within the period from May 15th to May 31st.

According to the article 277, of the Regulation of the Athens Stock Exchange, LANAKAM S.A. announces that it intends to convene the year 2005 Annual Ordinary General Meeting of shareholders within the period from May 15th to May 31st.

No dividend will be given to the shareholders for the fiscal year 2004.