Reply to HCMC Letter
Referring to the article of the daily press SYMVOULOS, titled ELLINIKI TECHNODOMIKI PANTECHNIKI and dated 22.11.2006 and in reply to the Hellenic Market Commission Decisions document, we would like to inform you of the following:
The Groups of the companies PANTECHNIKI S.A. and ELLINIKI TECHNODOMIKI S.A. have a long lasting and profitable cooperation through their joint ventures that have been active for decades in construction projects as well as they both hold shares of companies (of any kind and object) that are listed in ATHEX (more specifically: concession schemes, infrastructure projects, telecommunication projects, maintenance of roads etc). In addition, their common activities are explicitly described in the Annual Reports of both Groups and in any announcement they publish.
Referring to the specific article that you plead in your relevant document, we affirm the close relationship of Pantechniki and Elliniki Technodomiki Tev and we assure you that in case of such a future cooperation subject to the conditions invoked in the Hellenic and International construction field we will inform in due course both the Hellenic Market Commission Decision and the public.