Inform Lykos? financial results for the fiscal year ended on 31.12.2004, shows a significant improvement and an overall change of the picture that was presented on the 1st Quarter as well as on the 1st Half of 2004. 'We are closing 2004 with a 11.4% increase in profits before taxes and after minorities' stated Nikos Lykos, President & Managing Director of Inform Lykos. 'This is a significant development if we consider that on the 1st Quarter the respective profits were down by 33.2% compared to the same period of 2003. We are absolutely satisfied with the effort we have done the entire year'.

According to Inform Lykos? results that will be published on 25th of February 2005, the consolidated revenues reached EUR 77.4 million, compared to EUR 79.7 million in 2003, down by 2.9%. Consolidated revenues before taxes, interests and depreciation reached EUR 16.7 million compared to EUR 16.3 million in 2003, showing increase by 2.4%. Consolidated revenues before taxes and after minorities reached EUR 7.9 million compared to EUR 7.1 million in 2003 increased by 11.4%

It should be mentioned that due to the sale of KOSKINIDIS S.A. at the beginning of April, 2004 consolidated results included only the 1st Quarter of KOSKINIDIS, whereas 2003 results included the entire fiscal year. More precisely, in 2004 KOSKINIDIS participates in the consolidated revenues with EUR 2.7 million and in profits before taxes with EUR 0.2 million compared to EUR 11.4 million and EUR 1.2 million in 2003.

The parent company, Inform P. Lykos S.A., in the fiscal year 2004 showed revenues of EUR 40.7 million, down by 5.8% in comparison to 2003. EBITDA reached EUR 6,9 million, down by 3.4 % compared to EUR 7,1 million in 2003. Profits before taxes increased by 16.9%, exceeding EUR 6,4 million. The increase is due to the sale of 51% share of the INFORM LYKOS ROMANIA Ltd to TERRANE Ltd, a 100% subsidiary of Inform Lykos. This transaction took place on December 2004. The above extraordinary profit does not influence the consolidated profits, as it is a result of a transaction within Inform Lykos Group.

'This significant improvement of our results' stated Pavlos Tryposkiadis, Vice President and Deputy Managing Director, 'which was achieved despite of the loss of revenues and profits from the consolidation of the 1st Quarter of KOSKINIDIS, is due to the implementation of our strategy. This strategy is consisted of three main dimensions: (a) focus on the core business, (b) operation excellence and cost reduction, and (c) development of a more customer oriented policy. Our strategy has a clear defined target, which is the increase of the value for our shareholders. Indeed, this strategy was successful since revenues after taxes and minority rights per share reached EUR 0.28 compared to EUR 0.22 in 2003. This signifies an increase of 27%, which is the best result of the last four financial years. We will continue on the same strategy line for the year 2005'.

About Inform Lykos (www.lykos.gr)

Inform Lykos is active in the field of Information Management and Business Communications Services. It is actually the development of an entrepreneurial activity that started in 1897. In our days it has been transformed to a Group of dynamic companies. Lykos is active in designing and printing of different company forms, letterheads, invoices, airline boarding passes, lottery forms, direct mailings and other types of paper forms. The group also supplies security printing material, such as checks and money orders, bonds and stocks certificates, tobacco control stickers and drugs control security labels, and exclusive water-marked papers. Other activities include the designing and development of different software to support data processing, forms printing, billing and statement printing. Lykos is driving the market to the metaprinting? era by providing sophisticated contact center services, loyalty schemes, smart card applications and Electronic Bill Presentment and Payment (EBPP) services.

Further Information:

Konstantinos Lagios
Marketing & Communications Director
Tel : +30 210 66 97 616
Fax : +30 210 66 23 536
e-mail : k.lagios@lykos.gr