The results of the company DIAS CLOSED-END FUND S.A. were remarkable during the fiscal year 2005. More specifically, according to International Accounting Standards (IAS), profits after tax amounted to EUR 8.6 million versus EUR 2.2 million in the fiscal year 2004, up by some 286%. In particular, in 2005, profits generated from the buying and selling of securities reached EUR 2.3 million against EUR 1.2 million in 2004 (according to IAS). The result of the commercial portfolio of the company was positive on 31.12.2005, as it ended with a profit amounting EUR 8.2 million versus EUR 2.7 million in 2004 (according to IAS).

Also, in accordance with the official data that the Greek Union of Institutional Investors published for the sector of investment companies on 31.12.2005, the return of the portfolio of DIAS CLOSED-END FUND S.A. is the second highest among investment companies and reaches 27.7%.

On 31.12.2005, the net assets of the company were invested by 98.1% in shares, while the intrinsic value of the share of the company was EUR 1.57 versus EUR 1.40 of the corresponding market value, presenting a discount of 10.8%. The ten most important investments in the company's portfolio , as a percentage of the net worth of assets, were: EFG EUROBANK ERGASIAS (7.9%), FOURLIS HOLDINGS (7.1%), PUBLIC POWER CORPORATION (5.9%), COCA-COLA (HBC) 5.4%, HELLENIC TELECOMMUNICATIONS ORG. S.A.(5.1%), GENIKI BANK (4.4%), TITAN (4.2%), EMPORIKI BANK (3.5%), ROKAS (3.1%) and NATIONAL BANK OF GREECE (2.8%).