The Board of Directors of the company CRETA FARM S.A. informs the investing public that, its Ordinary Shareholders? General Meeting, which took place on 28/06/2005, decided, among other things, the share capital increase of the company through the capitalization of profits amounting euro1,125,600.00. The said increase will be realized through the issue of 1,340,000 common registered shares, of a par value of euro0.84 each and the free distribution to company shareholders instead of an additional dividend, in terms of: 1 new common registered share for every 10 old common registered shares.

After the above-mentioned increase, the share capital of the company amounts henceforth to euro12,381,600 and it is divided into 14,740,000 shares, of a par value of euro0.84 each.

Also, on 11/07/2005, the relevant decision of the Minister of Development, which approved the modification of the pertinent article of the company's Articles of Association, was registered in the Official Register of Societes Anonymes.

In addition, the ATHEX Board of Directors, on its session held on 4/08/2005 approved the listing to trading of the aforementioned new bonus shares.

Based on the above, the Management of the company decided that, beneficiaries to the aforesaid increase would be company shareholders, whose names will appear on the Shareholders? Register of the company at the close of the trading session of the ATHEX on 8/08/2005. On the following business day, i.e. on 9/08/2005, the shares of CRETA FARM S.A. will be traded on the ATHEX without the right to participate in the aforementioned increase. It is noted that on the same date, the opening price of the company?s shares will be determined in accordance with the ATHEX Regulation.

The start date for the trading of the 1,340,000 new bonus common registered shares on the ATHEX as well as the date for their credit to the beneficiaries' DSS accounts has been set for 17/08/2005.

For any further enquiries, Messrs. shareholders are kindly requested to contact the company Shareholders? Service Department (tel.+28310-86633, contact person: Mr.Katikas Emmanuel).