The company NEOCHIMIKI L.V. LAVRENTIADIS S.A., referring to its announcement made on November 1st 2006, about its decision for full restructuring of the existing structure of the Group and after the acquisition of a 100% of the company INTERKEM HELLAS S.A., announces that it has proceeded to some alterations for the best reconstruction of its Group structure, as below:

A) According to the decisions as of 27/12/2006 of the Boards of Directors of the subsidiaries NEOCHIMIKI INTERNATIONAL S.A., LAMDA POLYMERS INTERNATIONAL S.A., LAMDA PACK S.A., PLANTERA SA, LAMDA FERTILIZERS S.A., AGROINNOVATION S.A., ATLANTIC POLYMERS & CHEMICALS S.A., CHEMICAL INNOVATIONS S.A. and PETRONET S.A. the abovementioned companies announce their intention to merge with the creation of a new company with the corporate name NEOCHIMIKI S.A., pursuant to the provisions of articles 68-77 of Law 2190/1920 and Law 1297/72. The 31/12/2006 is set as merger balance sheet date of the merging companies.

B) According to the decisions as of 27/12/2006 of the Boards of Directors of the subsidiaries INTERKEM HELLAS S.A. and NOVION S.A., the two companies announce their intention to merge with the creation of a new company, pursuant to the provisions of articles 68-77 of Law 2190/1920 and Law 1297/72. The 31/12/2006 is set as merger balance sheet date of the merging companies.