According to decision 3/387/19.06.2006 of the Hellenic Capital Market Commission, which modifies its previous decision 1/380/04.05.2006 (Government Gazette B 657/25.5.2006) and according to Law 3371/14.07.2005, the paper-based registered shares, which will not be submitted for dematerialization until October 31, 2006, are going to be sold. For this reason, adapting to the recent decision of the Hellenic Capital Market Commission and modifying its relative announcement of June 19, 2006, the Company "ALFA-BETA" VASSILOPOULOS S.A, sets the term of the dematerialization procedure and calls its shareholders, who own paper-based registered share titles, to proceed to their dematerialization by October 31, 2006, by addressing to Company's central offices and presenting the share titles, their Identity Card, a copy of the DSS/SAT data and the SAT operator data. The paper-based registered share titles, not submitted to the Company for dematerialization by this date will be sold through Athens Stock Exchange after October 31, 2006, according to the provisions of the aforementioned decisions. The starting date of the share titles' sale as well as the member of the Athens Stock Exchange, who will effect the sale procedure, will be communicated to investors through a relevant announcement of the Company to the A.S.E. The period of sale will not exceed the two months and the proceeds of the share titles' sale will be deposited to the Deposit and Loans Fund. Beneficiaries will be informed about the amount deposited on their account to the Deposit and Loans Fund as well as about its collection procedure, by registered mail. For any further information please contact Investor Relation Office. (Phone number 210 66 08 209).