Investor Relations | Yalco S.D.Constantinou & Son S.A.

The Technical Seminar organized by EXCEL S.A. was successfully conducted in the Mediterranean Hotel of Thessalonica on 03/10/2005.

March 15, 2005

With great success was conducted the technical seminar with subject: "Commercial and Free Multi Systems of HAIER" that was organized by EXCEL S.A. in the Mediterranean Hotel of Thessalonica on 03/10/2005

The main speaker of the seminar was Mr Liu Ping of HAIER and was attended by air-conditioning systems technicians and installators from the entire network of EXCEL?s Authorized Points from all over Greece.

EXCEL S.A. ?member of YALCO Group of companies- is the official and exclusive dealer of residential wall mounted, commercials and free multi air conditioners for HAIER, which distributes exclusivity in the Greek market with great success for the past five-year period.

For further information, please contact:Mr. George Makris, Executive BoD member - Supervision of Shareholders & Corporate Announcements Department, Socrates D. Constantinou & Son S.A., e-mail: makris@yalco.gr, tel: (+30)210 629-9999 fax:(+30)210 800-0866 or Mr. Nicolas Bornozis, President, Capital Link Inc. in New York at (212) 661-7566. The press release in question as well as any additional information are available on Capital Link's website www.capitallink.com.