ATTICA GROUP

2000 PROFIT AND LOSS ACCOUNT
ATTICA ENTERPRISES S.A. - GROUP OF COMPANIES
PROFIT AND LOSS ACCOUNT
AS AT 31st DECEMBER 2000

	IN GRD	IN EURO
RESULTS FROM EXPLOITATION
Total turnover	67,276,661,638	197,437,011.41
Less: Direct exploitation costs	45,553,035,271	133,684,622.95
Gross profit from exploitation	21,723,626,367	63,752,388.46
Plus: Sundry income	116,117,905	340,771.55
Total gross profit from exploitation	21,839,744,272	64,093,160.01
Less: Expenses:
Administration expenses	3,837,713,215	11,262,547.95
Operating and distribution expenses	7,785,250,010	22,847,395.48
	11,622,963,225	34,109,943.43
Operating profit	10,216,781,047	29,983,216.57
Other income/expenses
Income from participations	455,702,940	1,337,352.72
Income from securities	0	0.00
Profit from sale of investments and securities	0	0.00
Interest income:	2,172,379,961	6,375,289.69
Interest expense	-5,814,481,979	-17,063,776.90
	-3,186,399,078	-9,351,134.49
Extraordinary income:
Exchange profit realised	3,784,924,117	11,107,627.64
Prior year income	31,996,132	93,899.14
Income from prior year provisions	4,960,110	14,556.45
	3,821,880,359	11,216,083.23
Less: Extraordinary expenses:
Exchange losses	-240,197,161	-704,907.30
Extraordinary costs	-3,225,000	-9,464.42
Prior year expenses	-37,862,275	-111,114.53
Sundry provisions	-106,366,027	-312,152.68
	-387,650,463	-1,137,638.91
Profit including extraordinary items	10,464,611,865	30,710,526.40

Total depreciation of fixed assets	8,764,898,878	25,722,373.81
Less: Depreciation included in exploitation costs	-4,522,041,314	-13,270,847.58
	4,242,857,564	12,451,526.23
Net profit for the year	6,221,754,301	18,259,000.17
Less: Minority interest	-314,264,286	-922,272.30
Net consolidated profit for the year	5,907,490,015	17,336,727.87

	Voula, 19th February 2001

Pericles S. Panagopulos	Alexander P. Panagopulos	George V. Karydis
Chairman of the Board of Directors	Vice Chairman of the Board of Directors	Financial Director