Elmec Sport SA announces that today, Wednesday the 31st of May 2006, both the Company as well as the Group were presented to analysts from securities, banks and mutual funds management companies. The main issues analyzed in the presentation were the financial results of the Company and the Group for the fiscal year 2005, the position of the Company in the markets where it operates and its expansion strategy in these markets. The structure of the Group was presented and a detailed analysis took place regarding its sectors: department stores, the network of retail shops and the wholesale distribution network (via distribution agreements). More specifically, the activity of the two department stores already operating was presented along with the plans of the Group regarding the operation of the three department stores, which are under construction at the present time. Moreover, a detailed analysis took place regarding the expansion of the network of the retail shops, reaching 119 at the present time versus only 19 in 2000 and in the strengthening of the Group's commercial portfolio with new distribution agreements for major brands in the footwear and apparel categories. Furthermore, the evolution of the fundamentals of the Group were presented emphasizing the fact that the Group made 42 million euros in investments during the last two years, 2004 - 2005, without expanding proportionally the current level of debt. Additionally, the three major segments of the Group's strategic development were analyzed: Firstly, the reinforcement and promotion of the "attica, the department store", and of the "Factory Outlet" placed in Piraios street, and the operation of the second Factory Outlet at the commercial park of Athens Airport during the Fall of 2006. Secondly, the strengthening of the retail stores network through the expansion of the "exclusive sports" chain and the mono - brand and multi - brand stores selling casual apparel, footwear and accessories. Thirdly, the enrichment of the commercial portfolio with new well-known brands, emphasizing the authorization of production of branded collections of apparel. The audience were informed that the Annual General Shareholders Meeting will take place on Friday the 23rd of June, 2006, while the relevant invitation stating the exact time and the issues on the agenda will be published both to the press and to the website of the Company ( www.elmec.gr) tomorrow Thursday, June 1, 2006. The entire set of presentation distributed to the audience has been already uploaded in the website of the Company