Piraeus Real Estate Investment (PIRAEUS R.E.I.T.) informs the investing public that in accordance with the resolution no. 586/25.10.06 of the General Manager of the Hellenic Capital Market Commission, 48 shares were liquidated on November 6, 2006, which were undisposed fractional balances resulting from the share capital increase of the Company (resolution of the Extraordinary General Meeting on 22/02/06). The net result of the liquidation, after deduction of any expenses and tax, amounted to Euro 124.34 and shall be deposited by the Company to the Deposits and Loans Fund. In order to collect the corresponding amount, eligible shareholders are kindly requested to contact the Share Register Section of the Company (tel. 210-3335402, 210-3335404, 5 Korai str., Athens) as of Monday November 20, 2006, to receive a certificate indicating the amount to be collected. Such amount may be collected from the Deposits and Loans Fund upon presentation of the above certificate and their identification card. Eligible shareholders who reside outside Athens must designate in writing to the Company''s Share Register Section the Public Fund from where they may collect the corresponding amount, so that the amount is deposited by the Deposits and Loans Fund.