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ELGEKA S.A.
Announcements

February 16, 2006 Within the framework of L.3340/2005 as well as article 4 of decision No.3/347/12-07-2005 of the Hellenic Capital Markets Commission (HCMC), further to its letter dated 08/12/2005, the company ELGEKA S.A. informs the investing public and its shareholders the following: On 14 February 2006 the credited amount that resulted from the transfer of common registered shares, that ELGEKA S.A. owned, i.e. 38.92% of the share capital of the company "MALAMATINA & SON WINERY S.A." was paid off. According to the agreeement signed on 08/12/2005, the selling price of the aforementioned shares was determined to EUR 10,000,000, of which EUR 500,000 were paid at the day the aforesaid contract was signed, while the remaining balance of EUR 9,500,000 was agreed to be paid out by 15/02/2006, at the latest. Already with the relevant agreement of 14/02/2006 for the payment of the aforesaid balance, the company "K. MALAMATINA COMMERCIAL & INDUSTRIAL BOTTLING COMPANY", becomes the owner, possessor and holder of the 2,636,590 common registered shares. It is noted that the company on 23/12/2003 had purchased shares of the company "MALAMATINA & SON WINERY S.A." against the total amount of EUR 6,697,000.



     




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