With reference to the publication in the website euro2day, dated on 29-5-2006, regarding our Company and the Spanish company Uniland, we clarify that TITAN Group is considering the possibility to submit a bid in the final phase of the procedure for the acquisition of the 73,7% of the shares of the Spanish company Uniland. Other companies participate also in the procedure.
The date for the submission of bids is scheduled on the 7th of June 2006. The estimated price is considered valid.
In case of acquisition of the 73,7% of Uniland, TITAN will inform the investors.
The above announcement was notified to the Athens Exchange and was posted on its website.