During the Annual General Meeting of Shareholders of VIOHALCO, S.A., dated Friday June 16, 2006, the activities if the VIOHALCO GROUP were presented and it was decided that the dividend per share, for the financial year 2005, would be 0,075 Euro. During 2005 VIOHALCO continued to grow, achieving an 8% increase, over 2004, of its consolidated turnover, which amounted to Euro 2.331 mil. The consolidated profits before taxes and minority rights amounted to Euro 59 mil., decreasing by 43%. The profits before taxes, interest and depreciation (EBITDA) amounted to Euro 219 mil., showing a decrease of 16%, compared with those of 2004. Depreciation for the period, charged to the results, amounted to 116 mil. The financial results of the Group were negatively affected by the remarkable increase of the prices of raw materials and the energy cost, the not favourable for the exports parity of the EURO, especially during the first six months of 2005, as well as the post Olympic Games natural deceleration of significant public works in Greece.Being export oriented, the companies of VIOHALCO constantly strengthen their presence in the international market. As a result of this 2/3 of their turnover is effected abroad, performing about 8% of the Greece's aggregate exports. The forthcoming, in 2007, admission of Bulgaria and Romania to the European Community, will be significantly profitable to the Group, which has considerable production facilities in these countries. It is estimated that, following their admission, both countries will develop their relevant infrastructures and strengthen their domestic markets. The companies of the Group continue to invest in new technology and equipment, having as main goals the high level of productivity, the reduction of costs and the further improvement of the products' quality. The protection of the environment, as well as the improvement of the working conditions, regarding safety and hygiene in their installations, continue to have priority in the companies' management concern. During the first three months of 2006, the consolidated turnover of the VIOHALCO GROUP was increased by 35% and amounted to Euro 705 mil. The consolidated profits before taxes and depreciation amounted to Euro 88 mil., increasing by 4% in comparison with those of the corresponding period of 2005. The profits after taxes and minority rights amounted to Euro 21,9 mil. or Euro 0,11 per share, increasing by 137%, compared to those of 2005. The increased turnover reflects the relevant increase in the sales volume and metals prices, on the other hand the increase of profits is due to the improved profit margins, as a result of the continuing positive occurrences in the metals sector and more specifically in steelworks, as well as to the reduction of the production cost.