Presentation at the Association of Institutional Investors

A particularly successful presentation of the Company, C. ROKAS SA, was held today (27.9.2006) at the offices of the Association of Institutional Investors. The speakers made reference to the Rokas Group''s successful growth as well as its financials, activities, prospects and development strategy. The Company was represented by Messrs. George Rokas (Vice-Chairman of the Board), Christian Thomas (Finance & Administration Director) and Simos Camhis (Investor Relations Officer). The Company''s representatives reported that the Rokas Group is successfully engaged mainly in the energy sector, generating electricity from Renewable Energy Sources, as well as in electromechanical projects (the parent company''s traditional sector), holding a leading position in both sectors in the Greek market. It was also stressed that the Rokas Group - pioneer in the Greek Renewable Energy Sources market- operates today wind farms of 193.3 MW total installed capacity. The Company also has a specialised R&D Department, which examines proposed investments in new forms of energy, including conventional plants. The Group is currently implementing its new Business Plan (2006-2009) and seeks to install an additional 400 MW of capacity in Greece with a total budget in excess of Euro 400 million. Moreover, C. ROKAS SA recently announced that it has submitted an application to the competent authority for the development of wind farms on the islands of Lesvos, Lemnos and Chios and their interconnection to the mainland system. A major contributor to the Company''s development and growth will be the Spanish Group, Iberdrola, which is the main shareholder of the Company, having a 49.9% stake in its share capital. Iberdrola is the world leader in Renewable Energy Sources, having more than 4,000 MW of installed capacity. With regards to the Company''s financial results, its representatives highlighted the Group''s long-term success, and discussed in detail the H1 2006 results. During this period, Group sales reached Euro 25.2 million, up by approximately 1% compared to the same period in 2005 (Euro25 million). Consolidated earnings before tax (EBT) also improved by 16% from Euro 8.7 million in the first half of 2005 to Euro 10.1 million in the same period of 2006. Likewise, consolidated earnings after tax (EAT) reached Euro 9 million, increased by 73%, as compared to Euro 5.3 million for the same period in 2005.

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