In accordance with the article 290 of the Athens Exchange Regulation, Forthnet announces that the Ordinary General Meeting of Shareholders that took place on June 22nd 2007 approved the buy-back of up to 2,000,000 own shares, at a price per share ranging between Euro 0.30 (minimum) and Euro 20 (maximum). The duration of buy-back programme is set to twelve months while the Board of Directors has been authorized to determine by its' decision the partial periods of purchases.