ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.

RESULTS OF TAX AUDIT FOR THE YEARS 2007-2008

In accordance with article 4.1.3.1 of the A.S.E. Regulation and article 10, paragraph 1 of law 3340/2005, we announce that Ordinary Tax Audit for the fiscal years 2007-2008 was completed. The audit accounted for 1,461,019.02 Euro in accounting differences, from which additional income of 172,945,25 euro occurred, plus surtax of 45,657,55 i.e. total tax amount of 218,602.80. HALCOR S.A. has already sufficiently burdened its FY 2007 & FY 2008 financial statements, as a result the current fiscal year will be no further burdened.