SFAKIANAKIS S.A.

Announcement

SFAKIANAKIS S.A. announces that it participates in the share capital increase of EXECUTIVE LEASE S.A. amount euro 10,062,500.00, according to the decision of the Extraordinary General Meeting of the Company on 04.04.2008. SFAKIANAKIS S.A. owns the 100% of the share capital of EXECUTIVE LEASE S.A., which is active in the sector of car leasing as exclusive trustee of National Car Rental & Alamo Rent a Car in Greece