FOLLI-FOLLIE Α.Ε.Β.Τ.Ε.

Announcement

In response to a letter from the HCMC with protocol number 418/30.01.2009, the Company HELLENIC DUTY FREE SHOPS S.A informs the investing community and the regulatory authorities that the duration of the corporate bond extends up to 30.06.2010, while the estimated impact on the financial condition of the Company is expected to be positive, approximately euro 1.6 million, because of the decrease of the cost of debt, since the interest rate is Euribor + 1.5%. Important also is the replacement of part of the existing short - term debt with long - term debt, with better terms, in an extremely difficult international environment.