January 11, 2007 COSMOTE announces that, following the successful outcome of the public tender offer for the purchase of all outstanding GERMANOS S.A.'s shares by its 100% subsidiary COSMOHOLDING CYPRUS LTD, the latter has filed a request to the Board of Directors of GERMANOS for an EGM, to decide on the submission to the HCMC of a request for the delisting of the GERMANOS' shares from the Athens Exchange, in accordance with article 17, par. 5 of L.3371/2005. COSMOHOLDING is proposing the 9th February 2007 as the EGM date.
It is reminded that in accordance with L. 3461/2006, COSMOHOLDING is required to acquire, through Stock Exchange transactions, any GERMANOS shares it is offered at 19 Euro per share within a three month period starting on 22 December 2006. In this respect, COSMOHOLDING has a standing order through Athens Exchange brokers to acquire GERMANOS shares at the abovementioned price per share.
