IONIAN HOTEL ENT.

Announcement

In the first half of 2008, the Company posted a profit of Euro 1.2 million compared to Euro 0.48 million last year.
Earnings before interest, tax, depreciation and amortization (EBITDA) reached Euro 5.9 million compared to Euro 6.2 million last year, while turnover rose to Euro 21.8 million from Euro 22.9 million last year.