Completion of agreement with MEGABET PUBLIC COMPANY LTD

On February 10, 2006, the acquisition of 50% plus one share of the Cypriot company MEGABET PUBLIC COMPANY LTD was drawn to a close. More specifically, for the acquisition of 66,785,715 shares of MEGABET, the amount of EUR 3,500,000 was paid from the amount generated from the share capital increase of ZINON.

Consequently, the new composition of the company's Board of Directors is the following:
Anastasios Tzavellas, Chairman
Georgios Pyrisis, Chief Executive Officer
Athanassios Ikonomopoulos
Giannakis Andreou
Thomas Achimastos
Emilios Pyrissis
Georgios Theodoridis
Georgios Petsas

Also, according to the relevant decision of the company's Board of Directors, the issue of the undistributed shares that resulted from the share capital increase will be completed by Thursday, February 16, 2006 and the investing public will be informed accordingly by a new announcement.


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