ALPHA REAL ESTATE SERVICES

First quarter 2011 results

In the first quarter of 2011, the company posted profit after tax of Euro 1.0 million compared to Euro 0.8 million in the same period last year. Turnover reached Euro 2.6 million from Euro 2.8 million compared to the same period of 2010. The Interim Financial Statements as at 31.03.2011 will be posted to the Company?s website today after market close and the Financial Information for the period January 1, 2011 to March 31, 2011 will be published on Friday May 13th 2011.