The Company HELLENIC DUTY FREE SHOPS S.A., following the announcement of ELMEC SPORT on 12.06.2008, regarding the signing of a preliminary agreement with the Papaioannou family for the acquisition of the entirety of the shares of the companies of the LAPIN Group, owned by the Papaioannou family, announces that it has co-signed the aforementioned preliminary agreement, according to which the Company will sell 8,880,000 of Elmec shares (16.03% of the total share capital of Elmec), at the price of euro 5.00 per share, to Mr. S. Papaioannou and Mr. A. Papaioannou as soon as the Competition Committee approves the acquisition and the respective transactions take place.