Subject: Greek Financial market Update on June 23 Topic: misc-news From: Rising Sun Athens general index closed: 911.13 points up 1.12% Turnover: 3.98 billion drachma on 1.7 mil shares(1.08 mil shs advanced) Most active turnover: Comm Bk(322mil drs), Alpha Cr Bk(312mil), Hell Bottl(196 mil) Most acctive volume: Balcan export(198m shs), Hellenic Biscuit(99m) Stocks exchange observation: Bluechips, banks, and construction sectors were actively traded. Foreign investors came back. Forex fixing: usd=225.640, dem=161.806, jpy=267.025 -National Statistics survey reported people are spending less on apparel and footwear, drinks, tabacco, and food. -EU agreed to start Rio-Andrirrio bridge project. -Athens bourse's board forcussed on measures to attract more foreign capital. -Debts of 130 bil drs owed by tourism enterprises will be resceduled. -Athens stock exchange approved 3.4 bil drs right issues by listed construction company GEK. GEK willissue 1.32 mil new bearer share at 2,600 drs. Rights will entitle shaholders to two new shares for every 10 outstanding. -Central bank drained 150 bil drs in one month interbank depo at ave. rate of 15.36% -Recent 2ndary treasury market is slowing down due to the forecoming decline in new t-bills and t-notes. That's it for this week from Goldenjo in Athens. Have a good weekend, everyone! Any positive encouragements or questions are welcomed.