Subject: Greek Financial Market Update on July 12 From: Akira Ohno ASE General Index: 933.93, down 0.4 % or 3.79 points Turnover: DRS 4.7 bil on 2.13 mil shares(1.06mil shs advanced) Bank sector index dropped by 0.31%. Only construction index moved up by 0.19%. The rest were marginal. Today's moderate turnover was supported by foreign investors reflecting some block transactions such as Hell Bottl(closed at 7,250, -30), Titan Cement/rp(closed at 6,000, +100), and ALTE TECHNICAL (2,210, +80). Ergo Bk was the largest turnover bank stock with 269 mil drs. ATTIKAT(closed at 2,850, +110) was the top with 325 mil drs. EKTER, small cap construction company, hit another limit up from the opening. MOCHLOS and ALTE were other major gainers in construction sector.Lykos Inform(closed at 2,080, + 90) was actively traded with 67m shs. Forex fixing: usd=227.680, dem=162.000, jpy=259.990 Athibor 1 mo: 15.56% Money Market: Idle with long drachma. Not much change expected till Friday's repo tender -Olympic Airways will cut out the Australian route, and use Thessaloniki as base for operations in the Balkans. -Greek food and bverage industries took major share of 94 profits..140 bil drs -Government will take the final decision on revitalization of Hell Industrial Development Bk(ETVA) tomorrow. -Private construction index fell by 13.1% in April. -Minoan and Strintzis line start a new high speed ferry on Saturday. It will tkae 21 hours to Italy. Speed war with Attica Enterprises is the reason to launch. Their joint turnover in 95 is expected at 30 bil drs. Cheers, Goldenjo ps. Full moon today, so watch out!