EUROMEDICA S.A.

Establishment of company in Karditsa

Euromedica S.A. hereby informs its shareholders and investing public that the company "KASTALIA PRIVATE NEUROPSYCHIATRIC CLINIC S.A.", which is its subsidiary by 50% and is located in Karditsa (Central Greece), has established EUROMEDICA KARDITSA MEDICAL COMPANY S.A. together with local medical doctors. The objective of the new company is to run a medical centre on leased property in the city of Karditsa, which shall include the following departments: radiology and fluoroscopy, ultrasound tomography - triplex, bone densitometry, mammography, panoramic x-ray, computed tomography, magnetic tomography (MRI), gamma camera (nuclear medicine) and a microbiology laboratory.
The new company's share capital amounts to euro 300,000, with "KASTALIA PRIVATE NEUROPSYCHIATRIC CLINIC S.A." holding a 48% interest in it.
The medical centre is expected to commence operation by the end of 2008. By establishing the above company, the EUROMEDICA group has increased the total number of medical centres in its network to 48. It currently owns 19 medical centres in Attica (three of which have not yet commenced operation), 5 in Thessaloniki, including the EUROGENETIKI medical laboratory, 2 in Crete, 3 in Volos, and one in each of the following cities: Larissa, Ptolemaida, Kozani, Serres, Alexandroupoli, Trikala, Corinth, Mytilene, Katerini, Kastoria, Kavala, Corfu, Didymoteicho, Grevena and Karditsa, as well as three in neighbouring country of Albania.