ASTIR PALACE VOULIAGMENI S.A.

Announcement

The Company ASTIR PALACE VOULIAGMENI S.A. announces that the Financial Statements for the first half year 2007, under I.F.R.S., will be available in electronic format on August 30th 2007 after 17:00 p.m. on the Athens Exchange website (www.ase.gr). On August 31st 2007, the results will be released on the Company?s website (www.astir-palace.com) and will be published in the newspapers KERDOS and ADESMEFTOS TYPOS.