GREEK ORGANISATION OF FOOTBALL PROGNOSTICS S.A.

Response to enquiry by Hellenic Capital Market Commission

Response to enquiry by Hellenic Capital Market Commission

 

 

In response to the Hellenic Capital Market Commission's (HCMC) letter with reference number 1257/27.03.2013, pertaining to OPAP Group's activity and exposure to the economic turmoil inCyprusand according to L. 3556/2007 and HCMC's decisions 3/347/12.07.2005 and 1/343/03.07.2007, OPAP announces to investors that:

 

a.   1. OPAP's subsidiaries, OPAP Cyprus and OPAP Sports hold in Cyprus Popular Bank (CPB) total deposits of €1,758m.

      2. Total OPAPCyprusand OPAP Sports deposits held at Cyprus Bank stand at €1,305m.

 

b.   There is no exposure in any other financial product of any kind in the aforementioned banks.

 

c.   The Cypriot subsidiaries' contribution to the Group's topline is less than 5% while their EBITDA contribution is less than 2% for 2012.

 

d.   In any case the impact on the Group's financials is not significant since the contribution of the Cypriots subsidiaries is low.

 

 

OPAP S.A.

 

Peristeri, 27.03.2013