Athens, January 24th, 2008

I. Kloukinas-I. Lappas undertook 3 projects amounting to 10.200.000 euro.

The company signed the following contracts with:

(a) Kosmocar SA for the construction of a car show room in Marousi

(b) Media Saturn Administration SA for the construction of the company’s head offices in Alimos and

(c) Ektasis Development SA for the construction and repairing of two preservable buildings one in 70 Ermou str. and the other in 22 Ermou str. in Athens.