05.10.2006

Imako Media SA announces the issue of a mutual bond loan of 3,200,000 euros, of a ten year term, in accordance with the ordinances of L. 3156/2003 and p.l. 2190/1920. Deposits trustee and Bond owner that will primarily cover the entire issue is the Piraeus Bank. The Bond Loan is divided into 10 bonds of a face value of 320,000 euros each and will be paid in full in 40 payments within 10 years. The interest rate has been defined at EURIBOR plus a margin of 1.8%. The loan is secured with collateral on the real estate of the company head offices as well as with the transfer of a portion of collections from the sales of the magazines completed through the Argos distribution agency. The product of the said mutual bond loan, as has already been decided will be used for short term loan recapitalization as well as to finance company and investment needs.