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FIRST HALF 2008 RESULTS

NEOCHIMIKI L.V. LAVRENTIADIS S.A. Group announced its financial results for the first half of 2008, in accordance with the International Financial Reporting Standards.

Consolidated turnover from continuing operations marked an impressive increase of 35.84% in the first half of 2008 and amounted to 232.7 mil. Euros over 171.3 mil. Euros for the respective period last year.

Group Gross profit from continued operations formed at 58 mil. Euros over 54 mil. Euros for the first half of 2007, marking a 7.4% increase.

Finally, consolidated profit before tax from continued operations was at 23.93 mil. Euros 27.66% higher than in the respective period last year while profits after tax and minority rights from continued operations were higher by 9.27% and amounted to 15.45 mil. Euros.

FIRST QUARTER 2008 RESULTS

NEOCHIMIKI L.V. LAVRENTIADIS S.A. Group announced its financial results for the first quarter of 2008, in accordance with the International Financial Reporting Standards.

Consolidated turnover from continuing operations marked an impressive increase of 44.4% in the first quarter of 2008 and amounted to 107.9 mil. Euros over 74.7 mil. Euros for the respective period last year.

Group Gross profit from continued operations formed at 31 mil. Euros over 23 mil. Euros for the first quarter of 2007, marking a 34.8% increase.

Group EBITDA from continued operations in the first quarter of 2008 marked a 35.5% increase and amounted to 19.1 mil. Euros over 14.1 mil. Euros for the respective period last year.

Finally, consolidated profit before tax from continued operations was at 13 mil. Euros 96.6% higher than in the respective period last year while profits after tax and minority rights from continued operations were higher by 87.7% and amounted to 9.3 mil. Euros.

2007 FINANCIAL RESULTS

NEOCHIMIKI L.V. LAVRENTIADIS S.A. Group announced its financial results for the fiscal year 2007, in accordance with the International Financial Reporting Standards.

Consolidated turnover from continuing operations stood at Euro 469.8 mil. over Euro 249.9 mil. in 2006, marking an increase of 88%.

Consolidated gross profits, from continuing operations, amounted in fiscal year 2007 Euro 137.6 mil. over Euro 54.8 mil. last year, posting an increase of 151%, while gross profit margin stood at 29,3% over 21,9% in 2006.

Group EBITDA, from continuing operations, stood at Euro 83.3 mil. over Euro 32.9 mil. in 2006 marking an increase of 153.3%, while profits before taxes from continuing operations posted an increase of 180.1% and amounted to Euro 58.9 mil.

Profits after taxes and minority rights stood at Euro 123.4 mil., increased by 27.2% over fiscal year 2006.

NINE MONTH 2007 FINANCIAL RESULTS

The company NEOCHIMIKI L.V. LAVRENTIADIS announced its nine month 2007 consolidated financial results according to the International Financial Reporting Standards (I.F.R.S.).

In the first nine months of 2007, Neochimiki L.V. Lavrentiadis S.A. consolidated turnover amounted to EUR 285.4 mil., up 85% from the corresponding period of last year.

Gross Profit increased by 235% at 97.955 thd Euro over 29.184 thd. Euros in the respective period last year.

Consolidated EBITDA reached EUR 58,1 mil, up 201% versus last year.

Net income from continued operations stood at EUR 31.9 mil., up 279% versus last year. Net income including discontinued operations totaled EUR 112.6 mil., up 67% y-o-y.

FIRST HALF 2007 RESULTS

The company NEOCHIMIKI L.V. LAVRENTIADIS announced its H1 2007 consolidated financial results according to the International Financial Reporting Standards (I.F.R.S.).

Consolidated turnover for the first half of 2007 amounted to 171.3 mil. Euros over 106.7 mil. Euros in the first half of 2006 marking an increase of 60,5%.

Gross Profit increased by 84% at 54.1 mil Euro over 29.4 mil. Euros in the respective period last year.

EBITDA for the first half of 2007 posted an increase of 42,6% and amounted to 30.8 mil. Euros over 21.6 mil. Euros in the respective period last year.

At the same time, profit after tax from continuous & discontinuous (sold) operations rose to 94.8 mil. Euros compared to 59 mil. Euros in the first half of 2006 marking an increase of 60,7%.

FIRST QUARTER 2007 RESULTS

The company NEOCHIMIKI L.V. LAVRENTIADIS announced its Q1 2007 consolidated financial results according to the International Financial Reporting Standards (I.F.R.S.).

Consolidated turnover for the first quarter of 2007 amounted to 74.7 mil. Euros over 41.5 mil. Euros in the first quarter of 2006 marking an increase of 80%.

Gross Profit increased by 68.6% at 23 mil Euro.

EBITDA for the first quarter of 2007 posted an increase of 37.5% and amounted to 14.1 mil. Euros over 10.2 mil. Euros in the respective period last year.

At the same time, profit after tax from continuous & discontinuous (sold) operations rose to 85.6 mil. Euros compared to 53.4 mil. Euros in the first quarter of 2006 marking an increase of 60.4%.

2006 FINANCIAL RESULTS

NEOCHIMIKI L.V. LAVRENTIADIS Group of Companies announced its consolidated financial results for the financial year 2006 according to International Financial Reporting Standards (I.F.R.S.).

The company in the year 2006 posted an increase in consolidated turnover of 112% over 2005; consolidated turnover in 2006 stood at 301,8 mil. Euros over 142.5 mil. Euros in 2005.

Consolidated profits before interest, taxes and depreciation stood at 61.6 mil. Euros over 27.5 mil. Euros in 2005 marking an increase of 124%.

Profits after taxes and minority rights amounted to 97.1 mil. Euros over 12.6 mil. Euros, marking an increase of 669%.

Profits after taxes and minority rights include extraordinary capital gains of 73.9 mil. Euros from the sale of the shares of the subsidiary company Lamda Detergent to foreign institutional investors, excluding which the organic net profits after taxes and minority rights stand at 23.1 mil. Euros over 12.6 mil. Euros in 2005, marking an increase of 83%.

In 2006 Neochimiki Group proceeded to the acquisition and operation of 5 new chemical production plants, 4 of which are located in Greece and 1 abroad, and the acquisition of 2 new logistic centers for chemical products and one chemical terminal (INTERCHEM) in Avlida.

NINE MONTH 2006 FINANCIAL RESULTS

The company NEOCHIMIKI L.V. LAVRENTIADIS announced its 3Q 2006 consolidated financial results according to the International Financial Reporting Standards (I.F.R.S.).

For the nine month period of 2006 both Group turnover and net results marked record levels. Consolidated turnover increased by more than 95,3% at 183,24 mil Euro.

Gross Profit increased by 86% at 50,93 mil Euro.

EBITDA results increased by 94,9% at 38,29 mil. Euro.

Earnings before taxes (EBT) increased by 584,78% at 71,70 mil. Euro.

Net results after tax and minorities (EAT) increased by 624,6% (63,61 mil Euro).

During the last four years both Group sales and net results are posting an average annual growth of 80%.

FIRST HALF 2006 RESULTS

The company NEOCHIMIKI L.V. LAVRENTIADIS announced its H1 2006 consolidated financial results according to the International Financial Reporting Standards (I.F.R.S.).

For the first six months of the year 2006 both Group turnover and net results marked record levels. Consolidated turnover increased by more than 91% at 106.7 mil Euro while foreign sales more than quadrupled during H1 2006 representing 34% of Group sales.

EBITDA results increased more than 74% at 21,6 mil. Euro.

Earnings before taxes (EBT) increased by 851% at 61 mil. Euro (48,9 mil. Euro of which represent non recurring earnings from the percentage sale of the subsidiary LAMDA DETERGENT) representing in fact an organic growth of 89%.

Net results after tax and minorities (EAT) increased by 924,9% at 57,5 mil. Euro (48,9 mil. Euro of which represent non recurring earnings from the percentage sale of the subsidiary LAMDA DETERGENT) representing in fact an organic growth of 54%.

During the last four years both Group sales and net results are posting an average annual growth of 80%.

FIRST QUARTER 2006 RESULTS

The company NEOCHIMIKI L.V. LAVRENTIADIS announced its Q1 2006 consolidated financial results according to the International Financial Reporting Standards (I.F.R.S.).

Consolidated turnover for the first quarter of 2006 amounted to 41.5 mil. Euros over 24.5 mil. Euros in the first quarter of 2005 marking an increase of 70%.

The Group continues to make significant expansion mainly in the countries of Southeast Europe. More specifically, consolidated foreign sales for the first quarter of 2006 amounted to 12.6 mil. Euros, equal to 30.4% of total consolidated sales of the period, over 11,8% of the consolidated turnover of the respective quarter last year.

EBITDA for the first quarter of 2006 posted an increase of 73.6% and amounted to 10.2 mil. Euros over 5.9 mil. Euros in the respective period last year.

At the same time, profit before tax rose to 54.5 mil. Euros compared to 3.2 mil. Euros in the first quarter of 2005 marking an increase of 1,632%, whereas the respective earnings after tax and minorities stood at 53.2 mil. Euros over 2.7 mil. Euros in the respective quarter last year marking an increase of 1,892%.

2005 FINANCIAL RESULTS

NEOCHIMIKI L.V. LAVRENTIADIS Group of Companies announced its consolidated financial results for the financial year 2005 according to International Financial Reporting Standards (I.F.R.S.).

Consolidated sales reached 142.5 mil. Euro over 82.9 mil. Euro in 2004 marking an increase of 71.9%. More specifically, revenues from production for the year 2005 amounted to 60.7 mil. Euro compared to 32.4 mil. Euro in 2004 marking a y-o-y increase of 87.3%. The main part of the above increase is attributed to the production of detergents for multinationals and private label companies business unit.

revenues from distribution of chemical raw materials posted an increase of 62% for 2005 and amounted to 81.8 mil. Euro as compared to 50.5 mil. Euro in the respective period last year. This increase is due to the activity of the business units of plastics, paints & lacquer, industrial oils and fertilizers.

Remaining focused on its strategic goal for geographical expansion in South Eastern European countries, Group posted within 2005 foreign sales of 23.5 mil. Euro as compared to 11.19 mil. Euro during 2004 showing an increase of 110%.

Gross profit rose by 60.7% at 42.9 mil. Euro over 26.7 mil. Euro in 2004.

NINE MONTH 2005 FINANCIAL RESULTS

In accordance with the published, consolidated financial statements of the NEOCHIMIKI Group of Companies S.A., Consolidated company turnover for the 9M of 2005 posted a 61.6% increase at Euro 93.8 mil. as opposed to 55.05 mil. for the 9M period of 2004. Production revenues for the 9M period 2005 reached Euro 38.1 mil, in comparison with Euro 23.2 mil. in 2004 showing an increase of approximately 64%. The increase of production revenues is mainly attributed to the production of detergents for multinational and private label companies. Sales from the distribution of chemical raw materials for the 9M period of 2005 posted an increase of 59.8% reaching Euro 55.7 mil. compared to Euro 34.9 mil. in the respective period last year. The remarkable increase mainly came from business units of plastics, paints & lacquer, industrial base oils and fertilizers.

Total consolidated Assets amounted to 202,435 thousand Euros in the third quarter of 2005 versus 155,506 thousand Euros in 2004 displaying an increase of approximately 30.17%. Finally, Total liabilities for the Group also increased by 39.85% reaching 141.875 thousand Euros versus 101,444 thousand Euros in 2004.

FIRST HALF 2005 RESULTS

In accordance with the published, consolidated financial statements of the NEOCHIMIKI Group of Companies S.A., Consolidated company turnover for the first half of 2005 posted a 53% increase at Euro 55.8 mil. as opposed to 36.4 mil. for the first half of 2004.Production revenues for the first half of 2005 reached Euro 21.9 mil, in comparison with Euro 15.4 mil. forthe first half og 2004 showing an increase of 42%. The increase of production revenues is mainly attributed to the respective growth in both production of detergents for multinational companies and production of detergents for private label companies. Sales from the distribution of chemical raw materials for the first half of 2005 posted an increase of 61% reaching Euro 33.9 mil. compared to Euro 21 mil. during the first half of 2004. The remarkable increase is the result of respective growth in the SBU's of plastics, paints & lacquer, industrial base oils and fertilizers.

Total consolidated Assets amounted to 187,714 thousand Euros in the first half of 2005 versus 155,506 thousand Euros in 2004 displaying an increase of approximately 20.71%. Finally, Total liabilities for the Group also increased by 28.50% reaching 130,357 thousand Euros versus 101,444 thousand Euros in 2004.

FIRST QUARTER 2005 RESULTS

In accordance with the published, consolidated financial statements of the NEOCHIMIKI Group of Companies S.A., turnover increased by 48.48% during the first quarter of 2005. More specifically, turnover of the Group reached 24,489 thousand Euros compared to 16,541 thousand Euros in the equivalent period last year. Sales from production activities for the first quarter reached 10 M EUR compared to 6.7 M EUR in 2004. This increase is mainly due to the production of detergents for multinationals and private label. Side by side, it must be noted that the first quarter of 2005 the group started its production of resins for paint and lacquer industries. Also, profits ( before tax) rose by some 50% to 2,669 Euros in the first quarter of 2005 versus 1,832 thousand Euros in 2004.

Total consolidated Assets amounted to 170,711 thousand Euros in the first quarter of 2005 versus 155,506 thousand Euros in 2004 displaying an increase of approximately 9.68%. Finally, Total liabilities for the Group also increased by 12.87% reaching 114,149 thousand Euros versus 101.444 thousand Euros in the corresponding period of 2004.

2004 FINANCIAL RESULTS

NEOCHIMIKI Group of Companies announced its financial results for the fiscal year 2004 according to which consolidated turnover grew by 48.47% at 82,905 thousand Euros from 55,838 thousand Euros in 2003. Net consolidated profits of NEOCHIMIKI S.A. also increased by 40.91% reaching 7,654 thousand Euros compared to 5,432 thousand Euros in 2003.

Total consolidated assets displayed a significant increase of 52.90% and amounted to 134,877 thousand Euros in fiscal year 2004 versus 88,210 thousand Euros in 2003.Finally, total Equity for the Group reached 43,779 thousand Euros versus 28,427 thousand Euros in the corresponding period last year (+54%)

NINE MONTH 2004 FINANCIAL RESULTS

NEOCHIMIKI Group of Companies announced its financial results for the nine months of 2004, according to which the consolidated turnover was significantly increased by 43.02% at 58,051 thousand Euros compared to 40,589 thousand Euros at the same period last year. Profits (after minority rights and before tax) improved by 25.04% reaching 6,271 thousand Euros compared to 5,016 thousand Euros for nine months of 2003.

Total Assets, on a consolidated level, amounted to 119,073 thousand Euros for the nine months of 2004 compared to 83,373 thousand Euros in the corresponding period last year, noting an increase of 42.82%. Total Equity also increased by 33.89 % reaching 41,063 thousand Euros from 30,669 thousand Euros in the third quarter of 2003.

FIRST HALF 2004 RESULTS

NEOCHIMIKI Group of Companies announced its financial results for the first six months of 2004, according to which the consolidated turnover was significantly increased by 36% at 36,416 thousand Euros compared to 26,775 thousand Euros at the same period last year. Profits (after minority rights and before tax) improved by 31% reaching 3,960 thousand Euros compared to 3,023 thousand Euros for the first half of 2003.

Total Assets, on a consolidated level, amounted to 114,157 thousand Euros in the first half of 2004 compared to 74,023 thousand Euros in the corresponding period last year, noting an increase of 54%. Total Equity also increased by 38% reaching 38,710 thousand Euros from 27,956 thousand Euros in the first half of 2003.

FIRST QUARTER 2004 RESULTS

In accordance with the published, consolidated financial statements of the NEOCHIMIKI Group of Companies S.A., turnover increased by 29% during the first quarter of 2004. More specifically, turnover of the Group reached 16,541 thousand Euros compared to 12,825 thousand Euros in the equivalent period last year. This increase in sales derived not only from the respective increase of market shares in the Greek market, but also from the significant rise of imports, which increased by almost 60%. Also, profits (after minority interests and before tax) rose by some 25% to 1,840 Euros in the first quarter of 2004 versus 1,471 thousand Euros in 2003.

Total consolidated Assets amounted to 91,871 thousand Euros in the first quarter of 2004 versus 63,426 thousand Euros in 2003 displaying an increase of approximately 45%. Finally, Total Equity for the Group also increased significantly by 86% reaching 30,291 thousand Euros in the corresponding the first quarter of 2003.

2003 FINANCIAL RESULTS

The turnover of the NEOCHIMIKI Group of Companies S.A. presented an increase of 19% to 55,838 thousand Euros during 2003 compared to 46,819 thousand Euros in 2002. Net consolidated profits of NEOCHIMIKI S.A. rose to 5,433 thousand Euros in fiscal year 2003 compared to 2,852 thousand Euros in 2002.

Total assets of the Group increased substantially reaching 88,210 thousand Euros in fiscal year 2003 compared 56,500 thousand Euros in 2002 (+56%). In addition, the total Group�s Equity noted an increase on 92% amounting to 28,428 thousand Euros from 14,786 thousand Euros in 2002.

2002 FINANCIAL RESULTS

NEOCHIMIKI Group of Companies announced its financial results for the fiscal year 2002 according to which consolidated turnover grew by 58% at 46,819 thousand Euros from 29,595 thousand Euros in 2001. Net consolidated profits of NEOCHIMIKI S.A. also increased by 34% reaching 2,852 thousand Euros compared to 2,123 thousand Euros in 2001.

Total consolidated assets displayed a significant increase of 59% and amounted to 56,500 thousand Euros in fiscal year 2002 versus 35,483 thousand Euros in 2001.Finally, total Equity for the Group reached 14,786 thousand Euros versus 13,215 thousand Euros in the corresponding period last year (+12%).