The Board of Directors of the company IMPERIO S.A. informs the investing public that its Shareholders' Extraordinary General Meeting, which convened on 17.02.2006, approved, among other things, the share capital increase of the company, through the capitalization of differences arising from the revaluation of holdings & securities as well as through the capitalization of differences arising from the revaluation of fixed assets, according to L.2065/1992, amounting totally EUR 709,632.00. The EGM also decided with the above-mentioned share capital increase to increase the par value of each share, i.e. from EUR 0.49 per share to EUR 0.60 per share as well as to introduce for trading bonus shares, which result from the decrease the par value of the share, i.e. from EUR 0.60 to EUR 0.30. In addition, the EGM decided to simultaneously increase the total number of the company's shares, i.e. from 6,451,200 to 12,902,400 common registered shares (split).

The aforesaid 6,451,200 new common registered shares of the company "IMPERIO S.A." are about to be distributed as bonus shares to company shareholders in terms of: 1 new common registered share for every 1 old common registered share.

After the relevant corporate action, the share capital of the company amounts to EUR 3,870,720 and is divided into 12,902,400 shares of a nominal value of EUR 0.30.

According to the ATHEX BoD decision of 5/04/2006, beneficiaries of the new bonus shares, will be company shareholders, whose names will appear on the company?s Shareholders? Register at the end of the trading session of the ATHEX on April 10, 2006. As from the next working day, i.e. April 11, 2006, the shares of the company will be traded on the ATHEX under their new par value of EUR 0.30 per share and excluding the right to participate in the distribution of the new bonus shares. Also, as of the same date, the opening price of company shares on the ATHEX will be determined according to the ATHEX Regulation. The start date for the trading of the new bonus shares will take place on April 20, 2006. Also, on the same date (20/04/2006), the aforementioned shares will have been credited to the DSS accounts of beneficiary-shareholders.

For further information, Messrs. shareholders may contact the company's Shareholders' Service Department at 210-45.83.849, contact person: Mrs.S.Kilifi.