Unifast Finance & Investments Public Company Limited

Unifast Finance & Investments Public Company Limited 113) N 2005 : 16 2006 FINANCE & INVESTMENTS PUBLIC COMPANY LTD ( ) ( ) : 8.176.548 ( ) (Rights) 4 K 0,03, 0,09, 15. 2.044.137 ( ) 1 4 K 0,15 K 0,03, 5 ( ) 2010 2011.. Sharelink Securities and Financial Services Limited,,,,., 2010/2011 Unifast Finance & Investments Public Company Limited,.. 2005..,.

... 3... 11... 13 I... 14... 15... 16... 17... 18...18...19... 20...20...22...23...24,,...25... 26...26...28...29,... 30...30,... 31...31...33...33...33...33...34...34... 35... 36... 37... 38...38...38...38,...39...42...43...43...44... 45 /..45...54...55 (DILUTION)...56 2

To..,,,,.,,,,.,, : ), - ), - ) (, - ) (, - ) : Sharelink Securities and Financial Services Limited 6, 1055, Sharelink Securities and Financial Services Limited 6, 1055, : & 8 11, 1082 : KPMG 10 1065 -. : 8.176.548 ( ) (Rights) 4 K 0,03, 0,09, 15. 2.044.137 ( ) 1 4 K 0,15 K 0,03, 5 ( ) 2010 2011. 3

(ex-rights date) (record date) 29 2006 ex-rights ), 2. 3 2006 15. 10 2006 5. 24 2006 11 2006 10 15. 17 2006 21 2006 2010/2011 2010/2011 3 3. 28 2006 5. 11 2006 10. 11 2006 10. 2010/2011 24 2010 30 2010 5 ( ) 2010 24 2011 30 2011 5 ( ) 2011 4

Unifast Finance & Investments Public Company Limited (. 37345, Unifast Finance & Investments Limited 3 2004 17 2004) Salamina Building, 4, 401, 2,.T. 1045,, 20 1989,. 113. ). 14 1999,. 113. 1999, 1999 29 1999. 3 2004 Unifast Finance & Investments Limited Unifast Finance & Investments Public Company Limited 17 2004. 4 2004,, Unifast, 15 2004. 1.500.000 3.000.000 50, 1.500.000 50.000.000 3., 1.022.068,50 2.044.137 50 61.324,11 2.044.137 3. 18 2005..,. 12,,,,,,,,,,. Unifast, Fakas Investments and Development Limited,. FID., FID,,,,.. 13 2006 : 1. 10 2005, 2., 9 ( )., 3. 5

(). 15 2010 2011.,, 9. 22 2006.,,,, 2003, 2004 2005. ] 2003 2004 2005-12.971-38.128 9.465 )/ -40.457-50.030-23.758 )/ -40.515-5.274-23.802 ( ) -40.515-5.274-23.802-1,98-0,26-1,16 ] 2003 2004 2005 67.579 66.911 58.362 101.248 3.225 2.479 168.827 70.136 60.841 108.606 15.189 29.696 - - - 60.221 54.947 31.145 168.827 70.136 60.841 31 2005-31 2006 2.044.137 10 204.414,,.. 6

E. 2004.,,. 2003 2003,, ( ) 14.75%.,. 31 2003 40.515 (2002: 449.751). (2003: 2.044.137) 1,98 (2002: 22,16 : 2.029.425). 31 2003 334.462 (2002: 366.089). 319.618 (2002: 39.170). 2004 2004. 2003, 1%,,,.,,. 2004. 31 2004 0,26 1,98 2003. 2004 5.274 (2003: 40.515) (2004: 2.044.137, 2003: 2.044.137). 31 2004 132.103 (2003: 334.462). 92.770 (2003: 319.618). White Knight Holdings Public Company Ltd («WKH ), 41.286. 2005 2005 2004.. 31 2005 1,16 0,26 2004. 2005 23.802 (2004: 5.274) (2005: 2.044.137, 2004: 2.044.137). 31 2005 20 (2004: 132.103) 8.715 (2004: 92.770). 8.695 39.333 2004. 7

2005 770 1.205 2004., 2004 44.756.., ),..,,,.,. : 1.,. 2.,. 3.... ) ( ). 4.. 5... 6.. 3....,,. 2006-2007,, 2007. 2006. 8

,. 735.889,. 12.000 723.889. Fakas Investments and Developments Ltd., 437.500,,., 437.500,,. 2010/2011 306.620,..,. µ,,,.,,,,,., µ µ.,.. i). ii) iii) iv)... v) -. vi) vii) viii) ix).. x) xi) xii) 9

, 5% 60(4), 2.044.137, :... % 1 126.995 305.974 432.969 21,18 407.629-407.629 19,94 193.447-193.447 9,46 728.071 305.974 1.034.045 50,59 1.. Fakas Investments & Development Ltd.. : ( 3 ).,,, ( 78 122 )., ( 3-42 )., 47-77 ).,,, ( 43-46 ). : Salamina Building, 4, 401, 2,.T. 1045, 1. Unifast Finance & Investments Public Company Limited. 2.. KPMG 2003, 2004 2005. 3.,. 4.,.. 10

.,.,,.,,,,,., µ.,..........,. -..........,. 11

,,,...,,..,,. 12

: ( ) (,, ) (,, ) (,, ) (,, ) : Salamina Building, 4, 401 2.T. 1045, : SFS Custodian & Trust Services Limited 6, 1055, : Sharelink Securities and Financial Services Limited 6. 22379 1521 : Sharelink Securities and Financial Services Limited 6. 22379 1521 : & 8 11, 1082 : KPMG 10 1065 - :. 13

I :, Unifast : Unifast Finance & Investments Public Company Ltd FID :, : : :, :, Warrants, : Fakas Investment and Development Ltd To,,. 113.. : (statement). :. 15. : :, :. ( ). 809/2004 29, 2004.. : :. : (Warrants). : :, : 13 2006. 2005. 14

),, ),, - ),, - ),, - ) : Sharelink Securities and Financial Services Limited 6 1055 :,,,,,. KPMG 10 1065-15

: (ex-rights date) 29 2006 ex-rights ), 2. (record date) 3 2006 15. 10 2006 5. 24 2006 11 2006 10 15. 17 2006 21 2006 2010/2011 2010/2011 3 3. 28 2006 5. 11 2006 10. 11 2006 10. 2010/2011 24 2010 30 2010 5 ( ) 2010 24 2011 30 2011 5 ( ) 2011 16

To. 2003, 2004 2005. KPMG. ( ),,. 113. ] 2003 2004 2005-12.971-38.128 9.465 )/ -40.457-50.030-23.758 )/ -40.515-5.274-23.802 ( ) -40.515-5.274-23.802 ( ) -1,98-0,26-1,16 ] 2003 2004 2005 67.579 66.911 58.362 101.248 3.225 2.479 168.827 70.136 60.841 108.606 15.189 29.696 - - - 60.221 54.947 31.145 168.827 70.136 60.841 17

1.500.000 50.000.000 3, 61.324,11 2.044.137 3. :. /( ) /( ) 01.01.02 ( ) 50 3.000.000 1.500.000 04.08.04 04.08.04 3 14.975.187 (960.744,39) 17.975.187 539.255,61 3 32.024.813 960.744,39 50.000.000 1.500.000. /( ) /( ) 01.01.02 ( ) 50 2.000.000 1.000.000 31.05.02 50 44.137 22.068,50 2.044.137 1.022.068,50 04.08.04 3 - (960.744,39) 2.044.137 61.324,11 18

, 5% : 2.044.137 0,03., 5% : 5%... % 1 126.995 305.974 432.969 21,18 407.629-407.629 19,94 193.447-193.447 9,46 728.071 305.974 1.034.045 50,59 1.. Fakas Investments & Development Ltd.,, :..... % 1 126.995 305.974 432.969 21,18 407.629-407.629 19,94 14.200 - - 0,69 2-4 4 - - - - - 534.624 305.978 840.602 41,12 1.. Fakas Investments & Development Ltd. 2....,. 19

Unifast Finance & Investments Public Company Limited (. 37345, Unifast Finance & Investments Limited 3 2004 17 2004) Salamina Building, 4, 401, 2,.T. 1045,, 20 1989,,. 113. ( ). 14 1999,. 113. 1999, 1999 29 1999. 19 2002 44.137 Unifast Finance & Investments Ltd, 30 2002 0,50. 12 2004 :- 1. 1.500.000 3.000.000 0,50 539.255,61 17.975.187 0,03. 2. 1.022.068,50 2.044.137 0,50 61.324,11 2.044.137 0,03. 3. 1 2 0,50 0,03, 0,47, 960.744,39. 4., 1, 1.500.000 32.024.813 0.03. 5. : UNIFAST FINANCE AND INVESTMENTS LIMITED UNIFAST FINANCE AND INVESTMENTS PUBLIC COMPANY LIMITED.» 6. ( ) 3 :-, (E..) 2002..148( )/2002),,,,,. 20

3 2004 Unifast Finance & Investments Limited Unifast Finance & Investments Public Company Limited 17 2004. 6 2004,. 4 2004,, Unifast, 15 2004. 1.500.000 3.000.000 50, 1.500.000 50.000.000 3., 1.022.068,50 2.044.137 50 61.324,11 2.044.137 3. 23 2004.,,.,.,..., Sharelink Securities and Financial Services Ltd. 18 2005. 19 2005 19 2006». 13 2006 19 2006. 11 2006. 22 2006. 21

, : 2003 2004 2005 (68.173) (14.646) (1.282) 150.087 100.695 2.000 81.914 86.049 718. 31/03/2006 : ( ) ( ) BANK OF CYPRUS LTD 5.500 14.465,00 CHAMPIGNON (CYPRUS) LTD. 50.001 1.400,03 ELLINAS FINANCE LTD 16.790 3.861,70 EUROINVESTMENT & FINANCE LTD 7.500 7,50 LIBRA HOLIDAYS GROUP LTD 26.900 3.766,00 MALLOUPPAS & PAPACOSTAS TRADING 8.000 640,00 OPTIONS CASSOULIDES 10.000 1.660,00 PHIL ANDREOU LTD 9.500 969,00 TRIENA EPENDISIS LTD CAPITAL 5.000 3.150,00 TELIA AQUA MARINE LTD 5.000 920,00 A. ZORPAS & SONS LTD 5 6,25 30.845,48 ( ) TOP TABLE LTD 25.000 2.250,00 33.095,48, («/»).. 22

.,,. 18 2005. 13 2006,,..,. 12,,,,,,,,,,,,.. Fakas Investments and Developments Ltd (FID), Nefa Terra Estates Ltd (NFT) ( ). FID (. 110522) 7 2000. FID. FID 80,. FID,,.,,,,..,,.,.. Unifast,, Fakas Investments and Development Limited,. ( / ). 23

, ),..,,,.,. : 1... 2.,. 3.... ) ( ). 4.. 5... 6.. 3....,,. 2006-2007,, 2007. 2006.,. 24

,,.. Salamina Building,, 401 2.T. 1045, Fakas Investments & Development Ltd 190. 500* 01/01/2005 31/12/2007 * FID Unifast., :, 31 2005 - - 2.479 - - - 31 2004 - - 3.104-121 - 31 2003 - - 3.729-1.877-25

2003 2003,, ( ) 14,75%.,. 31 2003 40.515 (2002: 449.751). (2003: 2.044.137) 1,98 (2002: 22,16 : 2.029.425). 31 2003 334.462 (2002: 366.089). 319.618 (2002: 39.170). 2003 1.873 8.147 2002. 2003. ( ) 31 2003 2,98 4,93 31 2002. 39,55% 14,75%.,,.,, -12,9%. 2004 2004. 2003, 1%,,,.,. 2004. 31 2004 0,26 1,98 2003. 2004 5.274 (2003: 40.515) (2004: 2.044.137, 2003: 2.044.137). 31 2004 132.103 (2003: 334.462). 2004 92.770 (2003: 319.618). White Knight Holdings Public Company Ltd, 41.286. 26

2004 1.205 1.873 2003.. 2004 2,69 2,95 31 2003., 8,81% 9,97%., 44.756..,. 2005 2005 2004.. 31 2005 1,16 0,26 2004. 2005 23.802 (2004: 5.274) (2005: 2.044.137, 2004: 2.044.137). 31 2005 20 (2004: 132.103) 8.715 (2004: 92.770). 8.695 39.333 2004. 2005 770 1.205 2004., 2004 44.756.. 27

2003 2005. 2003 2004 2005 (40.457) (50.030) (23.758) : 334.462 132.103 20 (319.618) (92.770) (8.715) (16.188) (8.691) (32.477) (18.659) (6.131) (17.759) (70.057) (51.454) (44) (88.716) (58.415) (17.803) (68.173) (14.646) (1.282) 150.087 100.695 2.000 83.787 87.254 1.488 ( )/ (4.929) 28.839 (16.315) 11.612 6.683 35.522 6.683 35.522 19.207 : 6.683 35.522 19.207,,,. 2005 44 2004. ( ),. 28

, 31 2006. 61.324 (30.179) 31.145,,. 31 2005-31 2006 2.044.137 10 204.414,. 29

,, 2003-2005 2003, 2004 2005,.. 30

,. :. 78, 1046 * 18.05.2004-4,, 2057,, - 23.11.2004-11,, 23,,,, -,, - 23.11.2004-23.11.2004-16, 51. 1077,,, - 16.04.2006 - * Unifast :-,,.,,. - Fakas Investments and Developments Ltd (FID), Nefa Terra Estates Ltd (NFT) )... - 1962 Grammar School. NEMOGA MUSHROOM LIMITED. 1982. 1990 NEMOGA MUSHROOM LIMITED.. 1991 NEPRO PEARL MUSHROOMS LIMITED. 2000 NEPRO PEARL MUSHROOMS LIMITED CHAMPIGNON (CYPRUS) PUBLIC COMPANY LIMITED, 2006. 4. 31

- Fakas Investments and Developments Ltd Nefa Terra Estates Ltd.,. - ULV (University of La Verne, California ). 1994 IPOS (Initial Public Offerings), Private Placements,,. 1997 2000. 2001. City Resort OE,. 1969. 1981. 32. 1989 Arizona State University. To 1993 Bachelors in Marketing. 1996 Marketing. 1996.. &... : ( 5 ) Fakas Investments & Development Ltd - Nefa Terra Estates U.F.I. SMS Athletic Park - - Demetris Kolokasides Investments & Developments Ltd Daira - Market Trends Financial Services Ltd Champignon (Cyprus) Ltd Philippides & Co Trading Ltd -, µ :. ( ),.,.,,,. 32

,... 2005 6.000.,... 2003 2005., 29, 2005,.3,,. 18 2005. ( ), ( ) ( )..., 16 2006,... Fakas Investments and Development Limited Fakas Investments and Development Limited Unifast MDA (Cyprus) Limited Unifast, Fakas Investments and Development Limited,,.,,. 113,,. 33

UNIFAST FINANCE AND INVESTMENTS PUBLIC COMPANY LIMITED, I N, o I 11/04/2005 :- 1. vo: ov o o v. 2. :,,,.,,,.,. 3. : v 1 v, 2005, 31 2007, o. 4. : o v o.36.000.1.000 o., 24/10/2005, 1 2005 1 2005 11/04/05.,.30.000.36.000 11/04/2005. 11/04/05. 3,, 11 2005.. Fakas Investments & Development. 34

.., 30% (30% payout ratio)., 2006.. 15% ( ). 35

i) 3 2003 2005 : 2003 2004 2005 Fakas Investments & Development Ltd - - 3.450 2.300 SFS Group Public Company Ltd 1.296 443 3.450 2.300 ii). iii),,, :..,,, Fakas Investments and Developments Ltd., 1 2005,. Unifast Finance & Investments Public Company Limited )., Fakas Investments and Developments Ltd... Unifast Fakas Investments and Development Ltd ( ) ( ).. Unifast,, Fakas Investments and Development Limited,,, Fakas Investments and Development Limited,. Unifast Fakas Investments and Development Limited,, Unifast MDA (Cyprus) Limited,, : - Fakas Investments and Development Limited,, -, -,,. 36

11/04/2005 UNIFAST FINANCE AND INVESTMENTS PUBLIC COMPANY LIMITED, UFI I FAKAS INVESTMENTS & DEVELOPMENT LTD, FID UFI, (. 130.39 1 3) (. 276 1 5) FID, FID UFI,,, FID I :- 1. UFI FID FID UFI, : 1.1,. 1.2 FID,. 1.3 FID UFI. 1.4. 1.5,,,,. 2. UFI FID 500, 1 2005. 3. 31/12/2007. 37

, : Kole Stockbrokers Ltd ( ) SFS Group Public Company Ltd, UFI SFS Group Public Company Ltd UFI 30.285 169.596 ( 5.60 per share). 169.596 SFS Group Public Company Ltd 100/97., UFI,,,... : ( 3 ).,,, ( 78 122 )., ( 3-42 )., 47-77 ).,,, ( 43-46 ). 38

, Sharelink Securities and Financial Services Limited 16 2006 Unifast Finance & Investments Public Company Limited, 23 809/2004 16 2006 Unifast Finance & Investments Public Company Limited,., Sharelink Securities and Financial Services Limited Kikis Athinodorou & Associates Ltd 16 2006 Unifast Finance & Investments Public Company Limited, 16 2006 Unifast Finance & Investments Public Company Limited,., 39

. 16 2006 Unifast Finance & Investments Public Company Limited, 16 2006 Unifast Finance & Investments Public Company Limited,.,.. Andys Telemachou Appraisals Ltd 16 2006 Unifast Finance & Investments Public Company Limited, 16 2006 Unifast Finance & Investments Public Company Limited,.,. 40

. 16 2006 Unifast Finance & Investments Public Company Limited, Unifast Finance & Investments Public Company Limited ( ) 31 2003, 2004 2005. 31 2003, 2004 2005,,. 113,., KPMG. 16 2006 Unifast Finance & Investments Public Company Limited, 23 809/2004 16 2006 Unifast Finance & Investments Public Company Limited., KPMG 41

1 2003 10%. 2003 2004 5% 1.000.000.,.,, 10%. 50% 10%.. : 2003. 2003,. 15%. 15% 70%. 2005 2003., 15%..,. ( )., 28 1999 1 2000. 17 2005 1999, 0,15%,. 17 2005 1% 0,6%.,. 1 2000. 42

.... 2003 4,25% 2005. ( )... 1 2006, 4,25%. 10 2003 (115( )/2003) 1 2004.,.. 17(1). 17(1),, ( (i) 10%, (ii) ). 2003, 2004 2005 (incorporated by reference) 28 809/2004. (incorporated by reference) 28 809/2004. 9:00. 12:00, Salamina Building, 4, 401, 2,.T. 1045,,. 43

: Salamina Building, 4, 401, 2,.T. 1045, 1. Unifast Finance & Investments Public Company Limited. 2.. KPMG 2003, 2004 2005. 3.,. 4.,.. 44

/,,, 13 2006. (i) 8.176.548 (Rights), 15, 0,09 3. ex-rights ( ), 2 15,., 13 2006. (underwritten). (ii) Warrants 2.044.137 A (Warrants) 1 4,. (iii) (iv) (v) 0,09 0,03. 21 2006,. 5 ( 28 2006,) (rank pari passu) (record date). (record date)., 0,5, 0,5. 45

( ) Unifast Finance & Investments Public Company Limited 21 2006,.. 0,09.,,,. (Nil-paid Rights) (nil paid rights) 10 2006. 24 2006 11 2006. 17 2006 (2) 21 2006...... 11 2006, 21 2006 ( ),. 21 2006,. µ AK (10),, µ, µ µ 4 (, ) 2001. 10 2006..,, 46

,, : Salamina Building, 4, 401 2.T. 1045, Unifast Finance & Investments Public Company Limited,, 21 2006.,..... 17 2006 12:00 21 2006. 5 ( 28 2006) 11 2006... 47

( ) : 2.044.137 1 4, (Rights), 17 2006, 3. 0,5, 0,5., (1) 3 (1). K 0,15 K 0,03. 5 ( ) 2010 2011. 15,,. 4, (Rights).. 1 / 2. 1 / 2..,.. 10 4 2001,. (2). 48

: K 0,15 0,03. : 5 ( ) 2011. 2010 1., 0,15 ( ),.. 2.. 3. ( K 0,15 ),, 3,. 4., 30 2011, K 0,15,. 5., (rank pari passu). 1. (2),.. 2. 3.. 4. (1), (2) (3),.. 49

,,., ( x, 15 ) 2, Salamina Building, 4, 401,. 1045,, Unifast Finance & Investments Public Company Limited Warrants 2011.,.,., 60 30,, (i), (ii) (iii) (, ).. ( ),, 30 2011,, 0,15. (rank pari passu) 3.,,,.,,,. 50

/,, (rights issue), (bonus issue), (warrants issue). : ) ) ),. (, ),.,,,. 2.. (rights issue) : ) ), (rights issue) ( ) ( ),. ( ) ( ),. 51

(rights issue),,, [ (rights issue) ] : (rights issue): ( ) ( Α + Β) T = A + Γ (bonus issue): : = T AM T = Α Α + Β ( ) = = = ( )/ = (rights issue) E = T AM =..,.., 0,5 0,5. Ε Ε,,.... 52

(record date).. : I. H. II., (,,, ),., (pari passu),,.. ( ).. /,. 53

.... 113..,. 113.....,,,.. 2003. 54

12.000,,,. 723.889 ( 12.000 ),., 437.500,. Fakas Investments and Developments Ltd. ( 130 1.39 1, 3) 2 1.300. 1.000.. 2.713.,, 2.300.. ( 276. 1, 5) 1.524. 349.000, 88.500., 5 Frederick Institute of Technology,.., (2006). 47 7.,..,,,, Fakas Investments and Development Ltd,,. 2010 2011,,, 306.620.. 55

(DILUTION) : 8.176.548 4, 2.044.137 1 4, (Rights). % %, % Unifast 2.044.137 100,00% 20,00% 16,67% 8.176.548-80,00% 66,67% 2010 2011 2.044.137 - - 16,67% 10.220.685-100% 83,33% 12.264.822 - - 100%,.., 100% 20%.,, 16,67% Fakas Investments & Development Ltd,,.,. 56