According to article 4, Decision 5/204/14.11.2000 of the Hellenic Capital Market Commission obligation, we inform you that the transfer of shares of non-listed, ALUMIL subsidiary METRON AUTOMATIONS A.E. (Serres Industrial Zone, GREECE) was accomplished today, a transfer from Mr. George Alex. Milonas, ALUMIL Chair of the Board (BoD) and Chief Executive Officer, to ALUMIL.

In detail, one hundred twenty two thousands one hundred and sixteen (122,116) common, registered shares, representing 15% of METRON paid-up capital were bought from ALUMIL. The transfer was realized for all shares in their nominal value, that is, euros 2.93 euro per share, a total amount of three hundred fifty seven thousands and eighty euros (euros 357.800). After completion, ALUMIL owns 66% of METRON paid-up capital and Mr. George Milonas is no longer a METRON shareholder.

Related to the above-mentioned, we must note that it is ALUMIL Administration policy to participate in subsidiaries share capital with limited or zero percentages.

ΜΕΤΡΟΝ S.A. consists a significant growth factor for the Group and one of the few productive companies in Greece for automation systems and automated doors for elevators. Sales and earnings figures ? past and future ? are more that satisfactory according to ALUMIL Administration. In particular, 2003 turnover reached euros 3.6 m. approximately, a boost of 77% compared to 2002 levels and earnings amounted to euros 620 thousands approximately, racing ahead 158%, y-o-y. Sales and earnings estimates for 2004 figures are soundly positive.