Eurobank Properties REIC's rental income for the six-month period ended June 30, 2008 increased by 43% compared to the same period in 2007 (?18.1 million in 2008 vs. euro 12.7 million in 2007). Net gain from fair value adjustment of investment properties for the six-month period ended June 30, 2008 was ?8.5 million compared to euro 12.4 million for the same period in 2007. The net increase in the fair value of the Company's investment properties was mainly driven by increase in the Serbian & Ukraine assets. The decrease in gains compared to 2007 was mainly driven by the stabilization in the values of the Greek portfolio. Consequently, the Profits before tax amounted to euro 26 million for the six-month period ended June 30, 2008 compared to euro 23.8 million of the previous period, resulting in an increase of 9.2%. In the six-month period ended June 30, 2007 there was a gain from sale of an investment property amounting to euro 1.07 million, on contrary in the six-month period ended June 30, 2008 there was no disposal. Net Profit for the period ending June 30, 2008 of the Group amounted to euro 24.2 million compared to euro 22.8 of the previous period, an increase of 5,8%. In the six-month period ended June 30, 2008 the Group has invested euro 47 million in properties in Greece and South-Eastern Europe. Finally, it is noted that the NAV (per share) as of June 30, 2008 amounted to euro 11.73 compared to euro 11.50 as of December 31, 2007.