Hellenic Fabrics SA announced audited consolidated and standalone earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the consolidated turnover was €4,957,970 compared to €11,908,690 for the same period in 2011. Loss before taxes, financing, investing results and depreciation was €3,422,570 compared to €2,554,260 for the same period in 2011. Loss before taxes, financing and investing results was €4,167,800 compared to €3,754,170 for the same period in 2011. Loss before taxes was €5,404,120 compared to €4,541,970 for the same period in 2011. Loss attributable to owners of the parent was €5,281,990 or €0.3878 per basic share compared to €4,646,760 or €0.3411 per basic share for the same period in 2011. For the six months, the consolidated turnover was €12,628,440 compared to €21,941,510 for the same period in 2011. Loss before taxes, financing, investing results and depreciation was €6,580,470 compared to €4,869,080 for the same period in 2011. Loss before taxes, financing and investing results was €8,058,690 compared to €7,322,390 for the same period in 2011. Loss before taxes was €10,277,150 compared to €8,980,370 for the same period in 2011. Loss attributable to owners of the parent was €9,990,890 or €0.7335 per basic share compared to €9,232,420 or €0.6778 per basic share for the same period in 2011. Net cash used in operating activities was €3,057,790 compared to €2,815,730 for the same period in 2011. Purchase of tangible and intangible assets was €5,930 compared to €83,980 for the same period in 2011. For the quarter, the standalone turnover was €4,794,590 compared to €9,730,330 for the same period in 2011. Loss before taxes, financing, investing results and depreciation was €2,908,980 compared to €2,384,270 for the same period in 2011. Loss before taxes, financing and investing results was €3,309,380 compared to €3,040,640 for the same period in 2011. Loss before taxes was €4,344,360 compared to €3,914,850 for the same period in 2011. Loss after tax was €4,384,740 or €0.3219 per basic share compared to €3,947,830 or €0.2898 per basic share for the same period in 2011. For the six months, the standalone turnover was €10,436,920 compared to €18,092,070 for the same period in 2011. Loss before taxes, financing, investing results and depreciation was €5,268,550 compared to €4,532,870 for the same period in 2011. Loss before taxes, financing and investing results was €6,052,780 compared to €5,877,560 for the same period in 2011. Loss before taxes was €7,962,380 compared to €7,473,910 for the same period in 2011. Loss after tax was €7,993,130 or €0.5868 per basic share compared to €7,609,540 or €0.5586 per basic share for the same period in 2011. Net cash used in operating activities was €5,004,780 compared to €2,161,530 for the same period in 2011. Purchase of tangible and intangible assets was €5,610 compared to €51,060 for the same period in 2011.

Hellenic Fabrics SA, Annual General Meeting, Jun 29, 2012.

Hellenic Fabrics SA reported consolidated and company earnings results for the third quarter and nine months ended September 30, 2011. For the quarter, on consolidated basis, turnover from continuing operations was €6,937,380 against €8,012,490 a year ago. Turnover was €7,005,680 against €8,102,490 a year ago. Loss before taxes from continuing operations was €4,188,600 against €2,524,030 a year ago. Loss before taxes was €4,472,360 against €2,765,990 a year ago. Loss after taxes from continuing operations was €4,106,160 against €2,603,950 a year ago. Loss after taxes was €4,472,060 against €2,857,080 a year ago. Loss attributable to owners of the parent from continuing operations was €4,036,010 or €0.2963 per share against €2,618,940 or €0.1923 per share a year ago. Loss attributable to owners of the parent was €4,401,880 or €0.3231 per share against €2,872,070 or €0.2109 per share a year ago. For the nine months, on consolidated basis, turnover from continuing operations was €28,878,890 against €36,787,420 a year ago. Turnover was €29,102,360 against €37,051,490 a year ago. Loss before taxes from continuing operations was €13,168,970 against €1,187,670 a year ago. Loss before taxes was €14,356,640 against €8,398,580 a year ago. Loss after taxes from continuing operations was €13,268,810 against €7,911,370 a year ago. Loss after taxes was €14,455,580 against €8,695,870 a year ago. Loss attributable to owners of the parent from continuing operations was €13,268,430 or €0.9741 per share against €7,924,580 or €0.5818 per share a year ago. Loss attributable to owners of the parent was €14,485,200 or €1.0634 per share against €8,709,080 or €0.6394 per share a year ago. Net cash used in operating activities was €4,701,260 compared to net cash from operating activities of €731,830 a year ago. Purchase of tangible and intangible assets was €124,480 compared to €419,440 a year ago. For the quarter, on company basis, turnover from continuing operations was €5,879,840 against €7,170,020 a year ago. Turnover was €5,970,950 against €7,282,370 a year ago. Loss before taxes from continuing operations was €3,214,720 against €1,974,150 a year ago. Loss before taxes was €3,498,480 against €2,216,880 a year ago. Loss after taxes from continuing operations was €3,162,380 or €0.2322 per share against €2,025,510 or €0.1487 per share a year ago. Loss after taxes was €3,528,250 or €0.2590 per share against €2,279,420 or €0.1673 per share a year ago. For the nine months, on company basis, turnover from continuing operations was €23,971,910 against €30,359,090 a year ago. Turnover was €24,263,940 against €30,700,490 a year ago. Loss before taxes from continuing operations was €10,688,630 against €6,711,310 a year ago. Loss before taxes was €11,876,300 against €7,431,520 a year ago. Loss after taxes from continuing operations was €10,771,920 or €0.7908 per share against €6,851,140 or €0.5030 per share a year ago. Loss after taxes was €11,988,690 or €0.8801 per share against €7,635,640 or €0.5606 per share a year ago. Net cash from operating activities was €2,600,240 compared to net cash used in operating activities of €21,600,670 a year ago. Purchase of tangible and intangible assets was €83,540 compared to €105,500 a year ago.