F.G. EUROPE S.A.

Announcement

The convertible bond which the company issued an August, 2004 maturing on Friday, August 3, 2007.
According to the terms of the convertible bond: The redemption price of the bonds is 112,2% of the par value, i.e. for each bond of 100 euro par value the redemption price is 112,2 euro. The additional return of 12,2% is subject to legal deduction.
The gross amount of the coupon for the six mouths is one euro and ninety two cents (1, 92) per bond (par value 100 euro east).
Beneficiaries are bond holders as at the maturing date at the bond on August 3, 2007.
Payment date of the bonds and the additional return (after the legal deduction) as well as at the coupon at the last six month period to the beneficiaries is the next working day after the clearance of the transactions of the maturing date of the bond (August 3, 2007), i.e. Tuesday August 7, 2007.
The capital payment, the additional return and the coupon to the beneficiates will be cleared through The Central Depository Agency according to Article 103 at of the clearance code as in fore.