ELMEC SPORT A.B.E.T.E.

Announcement

According to our announcement dated on 30/10/2008 about the extension for another six months of the time schedule set forth in the agreement between the companies Elmec Sport SA ("Elmec") and Hellenic Duty Free Shops SA ("HDFS") and the members of the Papaioannou family on the purchase on behalf of ''Elmec'' of the total number of shares that Papaioannou family possesses in the companies of Lapin Group, ''Elmec'' announces a new extension for another three months the time schedule set forth in the agreement between the said parties due to the continuous negative financial environment. Their commitment in the common objectives set in June 2008 remains intact.