FTSE Med-100 Index Review

The advisory committee of the index consists of representatives from the three exchanges and from the global index provider “FTSE Group”. During this meeting, the committee reviewed the operation of the index for the six months period revising November 2006 – April 2007, in accordance with its ground rules, which based on international standards.

It was commonly agreed that during the period of the operation of the FTSE Med-100 Index until now, the index achieved the basic aim of strengthening the cooperation between the three exchanges in the region, offering at the same time a useful tool to the investors in the three countries and internationally, in order to assess trends and developments in these markets.

Having applied the index rules, 1 stock listed on the Athens Stock Exchange (Minoan Lines) will be added in the next semester (until November 2007). One stock listed in the Athens Stock Exchange (Notos Com Holdings) will be deleted. The index is composed of 51 stocks listed on the Athens Stock Exchange, 44 stocks listed on the Tel-Aviv Stock Exchange and 5 stocks listed on the Cyprus Stock Exchange.

The report covering analytical data and past performance of the FTSE Med-100 Index will be available on the web site of FTSE, http://www.ftse.com/, two weeks after the meeting of the advisory committee.

A list of the reviewed 100 companies is attached.