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EUROMEDICA S.A.
Participation in HIPPOCRATES - Multi-specialty Diagnostic Center S.A.

January 30, 2008

EUROMEDICA S.A. would like to inform its shareholders and investors that it has acquired a 26.36% holding in the company "HIPPOCRATES - Multi-specialty Diagnostic Center S.A." for the sum of 2.18 million Euros.

"HIPPOCRATES - Multi-specialty Diagnostic Center S.A." operates a diagnostic centre at Nikaia in Attica, in a leased property with a surface area of 2,000 sq.m., where the following departments and services are provided: microbiology, radiology, CAT scanning, ultrasound examinations, nuclear medicine, stress, holter and osteoporosis testing, mammography, gastroenterology, neurology, pneumonology, cytology, panoramic X-rays, MES and ECG. "HIPPOCRATES - Multi-specialty Diagnostic Center S.A." holds an 85% share in the company "HIPPOCRATES MRI Scanning S.A.", which operates an MRI scanner and is accommodated in the same property as "HIPPOCRATES - Multi-specialty Diagnostic Center S.A.".

Through this holding, EUROMEDICA has increased the number of its diagnostic centres in Attica to 17 (two of which will start operating shortly) and nationally to 39; 5 more centres are situated in Thessaloniki, in addition to the EVROGENETIKI laboratory, 2 in Crete, 3 in Volos and one in Larissa, Ptolemaida, Kozani, Serres, Alexandroupoli, Trikala, Corinth, Mytilini, Katerini, Kastoria and Kavala respectively.




     




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