With reference to the letter of the Athens Stock Exchange dated on 16/01/2008 and to the e-press published subject regarding the spinoff and the sale of the sector CHRISSI EFKAIRIA, CH. K. TEGOPOULOS EDITIONS S.A. announces that its content is not valid. Any company commitment which might bring significant changes to its financial structure will be announced to the public and the authorities in compliance with the Law, according to its settled policy.