ΑΛΦΑ-ΒΗΤΑ ΒΑΣΙΛΟΠΟΥΛΟΣ A.E.

Response to HCMC Letter

Referring to the letter of the Directorate of Public Offerings & Supervision of Listed Companies of the Capital Market Commission dated October 2, 2006, we would like to inform you that all what is written in the article of AXIA newspaper on 30/09/2006 regarding the acquisition of TROFO S.A. is more or less correct, as the Company has repeatedly announced. Regarding the rumors about the negotiations of our Company with MASOUTIS S.A., we believe that we have already adequately clarified, both to ATHEX and to your Organization, that our Company in the frame of materializing its investment plans, is systematically investigating several regions of the country, evaluates the structure of the market in every region and searches for possible investment opportunities. Within this scope, our Company studies and observes -among others- the region and the company mentioned in the article, without any meeting being held on the date that the article mentions or any other meeting or any other procedure having lead to any tangible results or decisions.