Announcement

The Company NIKAS S.A. based on the fax received as of 20/7/2006 by its shareholder with the corporate name: GCI FOODS ENTERPRISES LTD, in accordance with the Presidential Decree 51/92, discloses the change of its share of participation to the share capital of the company. More specifically, on 19/7/2006 GCI FOODS ENTERPRISES LTD purchased 17,658 shares of the company NIKAS S.A. which correspond to 0.087% of the total number of shares which is 20,231,328 common registered shares. Listed company corporate name: NIKAS S.A. Liable person: GCI FOODS ENTERPRISES LTD Type of movable value: Shares with voting right. Change of a significant percentage: Directly. Percentage of voting rights before the change: 49.92%, after the change: 50.01%. Number of shares with voting right before the change 10,100,000, after the change 10,117,658. Percentage of share capital before the change: 49.92%, after the change 50.01%. Date of change in the liable person's shareholding: 19/7/2006. Date of disclosure by the liable person of the change of the shareholding to the Hellenic Capital Market Commission: 20/7/2006.


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