ELEFTHERI TILEORASI S.A.

Announcement regarding interim financial statements 1/1/2008 - 31/3/2008

"ELEFTHERI TILEORASI S.A." ("ALTER CHANNEL") announces the following : In accordance with the interim financial statements for the period 1/1/2008 - 31/03/2008 we shall inform the investment public that we have not formed provisions for legal or arbitration cases and for contingent liabilities that might be arisen by the time of tax audit.