In response to the letter of Hellenic Capital Market Commission with Reg.No 1291/23.03.2006 and according to article 2 of the decision 5/204/2000 of the Board of Directors of the Hellenic Capital Market Commission and with regard to the article as of 23/03/2006 published in the newspaper Naftemporiki , NEOCHIMIKI L.V. LAVRENTIADIS S.A. discloses that in page 85 of the Greek Prospectus as per article 4 of Law 3401/2005 regarding the share capital increase of BALLIS CHEMICALS S.A. due to the merger by absorption of LAMDA DETERGENT S.A. an allusion is made as follows: After the completion of the merger, the Company will not have sufficient float as 93.59%, that means 36,579,075 shares that will be distributed to the main shareholder NEOCHIMIKI L.B. LAVRENTIADIS S.A. and to affiliated companies. The company is bind that in logical period will do the necessary actions in order the sufficient float to be ensured, as the article 314 of the ATHEX regulation states. In order to achieve, among others, a large free float of the shareholders of LAMDA DETERGENT, the company assures that within ten working days from the date of the listing and beginning of negotiation in the Athens Stock Exchange it will proceed to a private placement of at least 20% of shares owned by the Company and issued by LAMDA DETERGENT. Finally, the company does not confirm the rest of the issues included in the relative article, which are mainly, as mentioned therein, estimations of international firms or/and of the writer of the article.