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CARDASSILARIS & SONS - CARDICO S.A.
Purchases of own Shares

October 19, 2006 It is announced by the company that the Extraordinary Shareholders Meeting held on October 19, 2006, decided on the purchase of own shares pursuant to article 16 par. 5 of Cod. Law 2190/1920 of up to 10% of the total number of company shares, after deducting the shares held by the company from previous purchases. The highest acquisition price will be 8.00 Euro per share and lowest 2.00 Euro per share share. The period within which the purchases will take place is November 6, 2006 till October 19, 2007.



     




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