1. HELLENIC CABLES S.A. announces that on Friday, 28 December 2007, 64,810 new ordinary registered shares of the Company will start being traded on the Athens Stock Exchange (ASE), as these arose from the recent share capital increase by EUR 46,015.10 after the members of the BoD and four executives of the company exercised their stock purchase options (stock option plan) at the share selling price of Euro 2.97, pursuant to a decision of the shareholders Ordinary General Meeting held on 26 June 2002 and its Board of Directors held on 18 November 2002.
2. The above increase is not any direct amendment to the Articles of Association, was certified by the BoD of the Company on 5 December 2007 in pursuance of the decisions of the aforementioned General Meeting and was recorded in the S.A. Register by way of the relevant announcements No K2-17672 and K2-17866- 14/12/2007.
3. The BoD of the ASE, during its meeting held on 20 December 2007, approved the listing of the above 64,810 ordinary registered shares of the Company.
4. By way of decision of the company's BoD, it is specified that the above shares will be traded on the ASE as of 28/12/2007. As of the same date, the opening price of the company?s shares traded on the ASE will be fixed pursuant to the Rules of the ASE and the new shares will be credited to the units and securities accounts of the beneficiaries on the Dematerialized Securities System.
5. For more information, shareholders may refer to the relevant booklet made available as of 17/12/2007 in both printed and electronic format as well as to the Shareholders Service Department of the company (tel.: 22620-86624 Mr. Stamoulos Konstantinos).