The Board of Directors of Notos Com Holdings on 11/10/2006 decided on the discontinuation of the buy back procedures of own shares, due to the compulsory Public Offering on the company''s shares, which is currently in progress. We remind the public that the buy back of own shares was ratified by the Annual General Assembly of Shareholders on 21/6/2006 and the Board Meeting of 25/8/2006 approved the commencement of the acquisition procedures. A relative announcement was made to the Athens Stock Exchange on 25/8/2006 and in the newspapers NAFTEMPORIKI and ESTIA on 26/8/2006. More specifically the terms for the share buy back were:
a.) Maximum number of shares: buy back of 6,000,000 shares, representing 8.44 % of total share capital.
b.1) Maximum buy back price: 4 Euro per share.
b.2) Minimum buy back price: 2 Euro per share.
c.) Duration of buy back programme: according to Article 16, paragraph 5 of Law 2190/1920, transactions may commence 10 calendar days starting from publication of the present announcement and for a period up to October 31/2006.
Thus, during the period from 8/9/2006 and until 10/10/2006, the company acquired a total of 1,510,905 own shares at an average acquisition price of 3.451 Euro.
As a result, the company now owns 1,510,905 own shares, which represent 2.13% of the Company''s share capital.