Following the press release of Michaniki S.A. dated on June 12, 2008 titled as "Realization of Odessa΄s Dream in the Coastline of Black Sea" and further to a clarification question asked by the Hellenic Capital Market Committee, the Company would like to inform the investment public that the total amount of the investment of the project "Odessa΄s Dream" will be 194 million euros while the estimated return from the aforementioned investment will amount at 380 million euros. A detailed description of the project is posted on the corporate website and more specifically under the section - Presentations to Analysts -.