Options sells 51% of Polychromo SA

Options Cassoulides Plc announced that its subsidiary, A.G. Franchise Development Ltd reached a final agreement with Smartroot Ltd for the sale of 51% of the share capital of the Greek company Polychromo SA against the sum of EUR2 mln of which EUR 1.5 mln has been paid and the remaining EUR 500.000 will be paid by December 31, 2010. The profit from the sale of the investment stands at EUR360,000 and will affect positively the Group’s results.