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Greek

The Company/Personnel

The following table presents the development of the company's personnel per category, the wages and personnel expenses for the five year period 1999-2003.

TABLE OF PERSONNEL DISTRIBUTION AND DEVELOPMENT

  1999 2000 2001 2002 2003
Administrative Employeesé 11 11 11 11 11
Production Employees 29 30 30 28 27
Workers 94 94 109 99 91
Total 134 135 150 138 129

WAGES AND PERSONNEL EXPENSES

1999 2000 2001 2002 2003
2.576.685,70 2.809.549,09 2.908.478.61 2.950.273.02 2822959.04

10% of the Company's personnel hold a B.A., 15% hold a TEI (Greek Technological Educational Institute) BA and the remaining 75 % are secondary education graduates.

In addition, 95% of the Company's personnel have work experience of over five years, either in the same Company or elsewhere.

The Company's personnel are subject to constant training in issues of management, sales and technical issues.