Subject: Greek Financial Market Update on July 7 From: Akira Ohno ASE General Index: 930.55, up 1.01% or 9.28 points Turnover: DRS 5.4 bil on 1.89 mil shares(1.35 mil shs advanced) Hellas Bottling was the top turnover issue with three blocks(50m at 7,150, 45m at 7.210, and 49,700 at 7200) totaling 1.58 bil drs on 220 m shs, closed at 7,250. Comm Bk(282 mil), Alpha Cr Bk(214 mil), Hell Sugar(209 mil) nad Ergo Bk(192 mil) followed. Construction and industrial sector indices gained over 1.2% and the banking index rose by 0.82%. The rest were marginal. Foreign investors joined and sparked bluechips. Nireus Aqua gained 4.26%. -Athibor 1 mo.: 15.54% -Forex fixing: usd=225.225, dem= 162.330 -Central bank will issue 12 mo T-bills in mid July with 15.50%, dwon 0.25% from the end of June. -Weekly one month depo tender:100 bil drs at weight ave of 15.45% -Govenment is planing to allow pension funds, insurance, and other state funds to buy and sell equities worth 100 bil. drs starting next September. -Greek government and central bank officials decided to stop temporarily the auctioning of the state debt paper due to the problems came out from the end June auction. Have a good weekend, everyone! Akira Ohno from Athens