IR Releases

First Semester 2002 Financial Results of the Sarantis Group

PRESS RELEASE The consolidated results of the Sarantis Group for the first semester of 2002 feature a sales and EBITDA increase of 19% and 20%, respectively, as compared to the same period of the previous year.

GROUP SARANTIS FIRST QUARTER FINANCIAL RESULTS

Sarantis Group: 2001 Financial Results.

PRESS RELEASE For the year 2001, the Sarantis Group is expected to report consolidated profits of 16 million € (GRD 5.6 bn), increased by 10% as compared to the year 2000 (15.0 mn € or GRD 5.1 bn), on consolidated sales of 185 mn € (GRD 63 bn), increased by approximately 6% as compared to the year 2000 (175 mn € or GRD 59.

Major strategic alliance in the Polish market through the acquisition of a company

PRESS RELEASE The management of “Gr. Sarantis S.A.” announces that it has signed an agreement with the Management and the Shareholders of the Polish company "PACK PLAST INTERNATIONAL Sp. Z.o.o." ("Pack Plast"), concerning its participation in the stock capital of the latter by at least 70%.

3rd Quarter Results of the Sarantis Group

PRESS RELEASE The consolidated sales of the Sarantis Group for the period January-September 2001 have increased by 29%, as compared to the relevant period of the year 2000. Earnings before taxes, interest, depreciation and amortisation (EBITDA) for the same period increased by 26%.

A syndicated loan amounting to GRD 22 billion has been signed in London by Sarantis and a group of Greek and foreign banks

PRESS RELEASE A syndicated loan amounting to GRD 22 billion has been signed in London by Sarantis and a group of Greek and foreign banks.The organization of the loan, whose terms and conditions are rather beneficial for Sarantis, was undertaken by EFG FINANCE SA and ALPHA BANK SA, while 9 banking institutions participated in the final group.

Τhe final agreement for the formation of a Joint Venture company between Estee Lauder Europe Inc and Zeta Cosmetics Ltd was signed in New York.

PRESS RELEASE Τhe final agreement for the formation of a Joint Venture company between Estee Lauder Europe Inc and Zeta Cosmetics Ltd, an affiliate of Gr. Sarantis S.A. group was signed in New York. The name of the new company is ELCA Cosmetics Limited.

Johnson & Johnson and Sarantis have signed an agreement

PRESS RELEASE Johnson & Johnson and Sarantis have signed an agreement concerning the exclusive distribution of Johnson & Johnson products in Romania by ROMSAR, a fully owned subsidiary of GR. SARANTIS S.