Tuesday,, 29 Decemberr 2009
BETA SECURITIES SA
Member of the Athens Stock Exchange

Market Comment
Greek market ended flat yesterday on extremely low trading volume
(54m euros) . Banks added 0.18%. Alpha Bank rose 1.82%, while
Piraeus Bank and Eurobank remained unchanged. ETE lost 0.16%.
OPAP rose 2.12% at 15.43 euro. PPC dropped 2.83%.
After the recent downgrades the market is expected to ease down. Amid
a lack of news flow, due to holiday period, trading volume will stand at
low levels.

Corporate News
Hellenic Petroleum
Yesterday’s EGM set five new members on the BoD while decided the
reduction of President and Managing Director’s annual income by 15%.
EGM said that the Greek state has no intention to reduce its stake on the
company. Greek stake has 27.460% on the company, DEKA 8.02% and
Pan European Oil and Industrial Holdings 36.014%. ELPE also,
participates on DEPA by 35% while a disposable of this stake is
possible.

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