· RIDENCO S.A. regarding the issuance of a convertible bond loan tradable on the Athens Exchange with a preference right in favor of the existing shareholders.

· EFKLEIDIS S.A. regarding a company’s share capital increase due to a merger by acquisition of the companies ETEP S.A., POLYTECHNIKI S.A., OMAS S.A., AKTIS S.A., TRITON S.A. and ERGOEMPORIKI S.A. (holding of 100%).

In accordance with the approved prospectuses:

· The company RIDENCO S.A. proceeds to the issue of a bond loan by issuing 2,882,461 bonds, convertible to shares, of a par value euro 2.00 each, which is traded on the ATHEX and preference right in favor of the existing shareholders. The duration of the convertible bond loan is 4 years.

· The company EFKLEIDIS S.A. proceeds to a company’s share capital increase by issuing 87,542,000 new common registered shares of a par value of Euro 1.19 of which:

Ø 33,792,000 new shares of a new par value of Euro 1.19 will be distributed to the shareholders of the acquiring company EFKLEIDIS S.A. in terms of 1 new share for each share held

Ø 40,550,000 new shares will be distributed to the shareholders of the acquired company ETEP S.A. in terms of 25.115061667 new shares for each share held

Ø 5,800,000 new shares will be distributed to the shareholders of the acquired company POLYTECHNIKI S.A. in terms of 4.444444444 new shares for each share held

Ø 4,200,000 new shares will be distributed to the shareholders of the acquired company OMAS S.A. in terms of 4.159239453 new shares for each share held

Ø 1,600,000 new shares will be distributed to the shareholders of the acquired company TRITON S.A. in terms of 0.756037908 new shares for each share held

Ø 1,600,000 new shares will be distributed to the shareholders of the acquired company AKTIS S.A. in terms of 30.917874396 new shares for each share held.

On its session on January 16, 2003, the Board of Directors of the Athens Exchange also approved:

· The listing of 10,731,892 new common bearer shares that resulted from a company’s share capital increase through a rights issue of the company A. CAMBAS HOLDING AND REAL ESTATE S.A.

· The listing of the 479,888 new common registered shares of the company COMMERCIAL BANK OF GREECE that resulted from a stock option plan in favor of the members of the bank’s Board of Directors, managerial executives and employees of the bank.

· The listing of 3,861,066 new bonus common bearer shares of the company SELECTED TEXTILE INDUSTRIES ASSOCIATION S.A.

· The listing of 2,541,000 new bonus common registered shares of the company DIONIC S.A.

· The listing of Securities of the Hellenic Republic, issue 01.10.2002 – 31.12.2002.

· The listing of 45,150 new common registered shares of the company TIMAN CEMENT CO. S.A. that resulted form a stock option plan in favor of the members of the company’s Board of Directors and managerial executives of the holding company, as well of the associated company TITAN AMERICA LLC.

The Board of Directors of the Athens Exchange was notified for:

· The increase of the par value of the share of the company RADIO A. KORASSIDIS COMMERCIAL from Euro 0.30 to Euro 0.31.

· The increase of the par value of the share of the company SPACE HELLAS S.A. from Euro 0.30 to Euro 0.32.

· The increase of the par value of the share of the company KORDELLOS CH. BROS S.A. from Euro 0.59 to Euro 0.60.

· The increase of the par value of the share of the company SIDENOR S.A. from Euro 0.3668 to Euro 0.41.

· The increase of the par value of the share of the company VETERIN S.A. from Euro 0.74 to Euro 0.80.

· The increase of the par value of the share of the company ALUMINIUM OF GREECE S.A. from Euro 10.32 to Euro 10.58.

Finally, the Board of Directors of the Athens Exchange was notified for the prospectus of the following company: