Folli Follie presents record sales and profits for another year. Consolidated sales for the period January 1st 2005 to December 31st 2005 increased by 14,5% reaching 222,8 MEuro versus 194,6 MEuro of the same period in 2004. Earnings Before Taxes reached 70 MEuro, a 5,7% increase compared to 66,2 MEuro in December 2004. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) increased by 9,5% to 67,5 MEuro versus 61,7 MEuro in the previous year. The gross margin is 60%, remaining stable from 2004. The profits per share reached 1,68 Euro against 1,59 Euro from 2004, an increase by 5,5%. In the upcoming General Assembly of Shareholders the company will propose a dividend per share of 0,26Euro, an increase of 18% compared to last year's. Net Profit after Taxes were 56.7 MEuro, compared to 54.2 MEuro of the same period in 2004, thus presenting an increase of 5%. With regard to the parent company Folli Follie S.A., financial results demonstrated positive growth rates reaching sales of 36,9 MEuro, which represent an increase of 3,4% in comparison to the same period in 2004, when sales were 35,7%. Earnings After Taxes were 15,4 MEuro, a 31.5% increase as compared to 11,7 MEuro in 2004. In an analysis of total sales by looking at each region, Japan accounted for 24%, the rest of Asia 40%, Europe 22% and Travel Retail operations reached 14%. According to the sales per product category, jewellery accounted for 64% of sales, watches accounted for 30% and accessories accounted for 6%. At 17:30 (Athens time) Folli Follie will be presenting a full analysis of the financial results through a conference call. Folli Follie's financial statements will be published in the press on March 23rd 2006. Folli Follie is a fashion company offering a "full fashion concept" with its lines of jewellery, watches and accessories. Driven by the philosophy of offering "affordable, fashionable luxury", the brand has a presence in 22 countries with around 300 points of sale, and continues to develop new strategically important markets around the world.