Semi-Annual Review of the Composition of the FTSE/Med 100 Index

The periodic semi-annual meeting of the Special Advisory Committee, which was established for the common Regional FTSE/Med 100 Index was held at the registered offices of the Cyprus Stock Exchange (CSE).

At the aforementioned meeting, the Committee, which is comprised of executives from the Stock Exchanges of Athens, Tel Aviv and Cyprus, as well as from a representative of the FTSE Group, carried out a detailed review on the index?s performance for the half-year period from November 2005 until April 2006, according to the Ground Rules of Operation of the said Index.

The FTSE-Med 100 Index, which was put into force on 19/06/2003, is comprised of 100 stocks that are listed in three Exchanges (Tel Aviv, Athens and Cyprus). According to the current composition of the index in question: 49 constituents come from the the Tel Aviv Stock Exchange, 46 from the Athens Exchange (ATHEX) and 5 from the Cyprus Stock Exchange (CSE).

The newly added share to the FTSE/Med 100 Index (Muskita Aluminium Industries Plc) comes from the Cyprus Stock Excahnge, while the stock of the company (Vision International People Group Public Ltd) of the Cyprus Stock Exchange is deleted from the FTSE/Med 100 Index.

Please view the new composition of the Index in the file attached below.