Commercial Value has surpassed the barrier of Euro 102.5 mil. in terms of total premiums during the first seven months of 2007, marking a percentage production increase of 37% in general insurances and 8.4% in individual and group life insurances (traditional products), compared to the corresponding period of the previous year.

It should be noted that the operations percentage increase in the sector of fire insurance has amounted to 20.52%, with premiums reaching Euro 9.7 mil., while the relevant increase in the "against all risks" sector approximated 17%, reaching approx. Euro 1.25 mil.

According to the company's CEO, Mr Dimitris Vidalis, based on the fact that the above figures merely concern the first seven months of the current year, Commercial Value has sound reasons to believe that it shall by far surpass the 2006 productive result (Euro 161 mil.), as well as the annual forecast target for 2007, which amounts to Euro 177.4 mil.

Notably, the above-mentioned target does not include operations of the company's subsidiary in Cyprus, for the operation of which, a license has been recently granted by the Ministry of Development, and which is expected to commence its activities by Fall.

Finally, the company's profits on June 30th, 2007, according to the IFRS, amounted to Euro 4.56 mil.