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GR. SARANTIS S.A. PROCEEDS TO THE SALE OF ITS PARTICIPATION IN K.P. MARINOPOULOS S.A.

6 DECEMBER 2007

    
ANNOUNCEMENT

GR. SARANTIS S.A. announces that today, 06/12/2007, has disposed of its participation to the company K.P. MARINOPOULOS S.A.

More precisely, SARANTIS GROUP sold 49% of the capital of K.P. MARINOPOULOS, a wholesaler and distributor of pharmaceuticals. The total transaction amounts to 18.5 million Euros.

SARANTIS GROUP, in accordance with its strategy that is focused on the exit from non-core business categories, aims, with this transaction, to further improve the Group’s cash flows in order to materialize its plans for acquisitions in its old countries of operation.


        
            

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