CAP & CFI maintain same dividend

The Board of Directors of CA Papaellinas (CAP) approved the final 2005 results and proposed to the AGM a dividend payment of 1.2 cent per share to its shareholders and the option of a dividend reinvestment scheme. The dividend level is at the same level as in 2004 and based on current prices gives a yield of 4.6%.

The Board of Directors of Cyprus Forest Industries (CFI) approved the final 2005 results and proposed to the AGM the payment of an additional 5 cent per share dividend to its shareholders for the year. Subject to the approval of the dividend by the AGM on 8 June 2006 the proposed ex-dividend date is set at 14 June 2006. The total dividend at 10 cent per share is the same as in 2004.