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Profit Warning

2011-12-01

Pursuant to the provisions of the CSE and SEC Laws and Regulations and in order to fully inform the shareholders and the investing public in general, Alkis H.Hadjikyriacos (Frou Frou Biscuits) Public Ltd announces that the results for the second half of 2011 are expected to be significally lower than those of the corresponding period of 2010, mostly due to the ongoing financial crisis, the increased energy cost and the lower liquidity in the market. As a result the gross profit dropped and the write offs increased due to the slow stock.