2008

31/03/2008 - The exit of the Company’s shares from the supervision category will be reviewed at a future date by the Stock Exchange’s Board

Hellenic Industry of Plastics and Rubber, Aristovolos G. Petzetakis S.A. (the Company), in accordance with article 293 of the Stock Exchange Code, announces the following:

1.      During the meeting of the Stock Exchange’s Board on 2.8.2006 a decision was made to transfer the trading of shares in the Company to the Supervision category of the Athens Stock Exchange based on article 212 of the Stock Exchange Code, namely due to the existence of significant overdue debt obligations.

2.      Completing on 22.2.2008 the Company’s € 121.91 mln debt refinancing and restructuring agreement, no more overdue debt obligations exist.

3.      Given that the economic benefits of the above refinancing and restructuring were not included in the 2007 financial statements and, therefore, did not impact positively the 2007 financial results, the said benefits will impact the coming financial statements, in order for the Company to request the exit of its shares from the Supervision category of the Athens Stock Exchange.

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