FBI expects better results

Alkis H. Hadjikyriakos (Frou Frou Biscuits) Pcl (FBI) issued a positive profit warning regarding its first half results mostly as a result of containment in operating expenses and improvement in gross profit. Furthermore, in the absence of any unforeseen circumstances, the Company expects its 2006 results to be improved compared to its respective 2005 results. A year ago in the first half, FBI had reported a net profit of CYP 490,000.