The Board of Directors of the company EURODRIP S.A. informs the investing public the following:

Within the framework of the Subscription Period in the Share Capital Increase of the company realized in the form of a Rights Issue from 6.2.2006 until 20.2.2006, the subscription ratio reached 97.93%. More specifically, the amount of EUR 19,303,731 was paid in cash, amount which corresponds to 32,172,885 new common registered shares, while 680,715 shares were not exercised by holders. Consequently, the aforementioned 680,715 undistributed shares were given to shareholders, who exercised their preemption right in the Share Capital Increase and were pre-registered in order to acquire an additional number of shares from the undistributed shares.

As a result, the overall subscription ratio of the Share Capital Increase reached 100% and the toal amount of the Rights Issue amounted to EUR 19,712,160.

Thus, according to the above, the share capital of the company will be increased by EUR 19,712,160, through the issue of 32,853,600 new common registered shares of a nominal value of EUR 0.60 each. The new shares that resulted from the aforesaid increase will be given to beneficiaries, in dematerialized form, and will be credited to the Investors and Shareholders' Accounts that are observed in the DSS of the Central Securities Depository in Athens, Greece. The date regarding the credit of the new shares to the aforesaid accounts as well as their start date of trading on the ATHEX will be announced to shareholders by a relevant announcement of the company.