ATHENS MEDICAL C.S.A.

Announcement

After your letter on 16.11.2009, we clarify you the following:
The beginning of agreement with Errikos Dynan Hospital refers to the partnership between our company through its 100% owned subsidiary "Maternity Clinic GAIA"and Errikos Dynan Hospital.
This partnership consists of the convergence of common operation aiming at common purpose, which is the operation of Errikos Dynan Maternity and Gynaecological Clinic, through mutual contributions of counterparties in sectors like: organization, administration, management, operation, know-how, personnel staffing, infrastructure equipment, etc.
The operation of maternity and gynaecological clinic began on Monday 16th of November.