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Press Release

HELEX 9Μ 2010 financial results
€14.2m net after tax profits

8 November 2010 - The consolidated net after tax profits of HELEX for the nine month 2010 period amounted to €14.2m vs. €27.9m in 9M 2009, reduced by 49%. It should be noted that this year's results include €7.9m in "extraordinary social responsibility tax", which was imposed on businesses on their profits for fiscal year 2009 (Law 3845/2010).

The consolidated turnover of the Group dropped by 12%, to €46.6m vs. €53.1m in 9M 2009.

The operating expenses of the Group were reduced by 4% and amounted to €16.4m in 9M 2010 vs. €17.1m in the corresponding period last year.

Thus, the net profits per share in 9M 2010, including the extraordinary tax, amounted to €0.21 vs. €0.43 in the nine month 2009 period.

In particular, the turnover in the third quarter amounted to €11m, reduced by 48% compared to the third quarter of 2009 (€21m). Revenue from clearing in the cash market in Q3 was €3m, a 52% reduction compared to Q3 2009 (€6.3m). Revenue from trading in the cash market was reduced by 58% in Q3, and amounted to €1.7m vs. €4m in the corresponding period last year. Revenue from listed companies in Q3 amounted to €1.2m, reduced by 76% compared to Q3 2009 (€5m). On the contrary, revenue from the derivatives market (trading and clearing) amounted to €2m in Q3, compared to €1.9m in the corresponding quarter last year, a 5% increase.

The operating expenses of the Group in Q3 2010 amounted to €5.5m, reduced by 1% compared to Q3 last year.

In total, in the third quarter 2010, the net profitability of the Group, including the extraordinary tax, amounted to €4.2m vs. €11m in Q3 2009, a 62% reduction.

HELEX's financial statements are posted on the Company's website (www.helex.gr).