The presentation of ATE Insurance S.A. (AGROTIKI INSURANCE S.A.) in the consolidated Financial Statements of ATEbank Group at 30 June 2008 as discontinued operation (note 8), was based on the fact that, the process regarding the selection of strategic partner for the sell of 50.08% of the share capital, had began during the second quarter of 2008 according to the relative announcements of ATEbank on the 6/6/08 & 25/6/08 in the site of Athens Exchange (ATHEX) and it is in accordance with IFRS 5.