F.G. EUROPE S.A.

Announcement

On Monday, January 28th 2008, the first part of the Bonded Loan issued by F.G. Europe S.A. with the participation of 12 foreign and Greek Banks was disbursed. The Bonded Loan amounts to the total of euros 75.000.000 and the first part is euros 56.250.000. Disbursement of the second part, which amounts to euros 18.750.000, will take place in March 2008. The Bonded Loan is issued for a 5 year period with an option for a 2 year extension (5 +2). The purpose for the Bonded Loan is refinancing the company's current short-term and long-term loans.