Laser sells Coffee Beanery franchise in Greece

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Laser Investment Group Plc (LAS) announced the approval of the agreement between its
subsidiary Coffee Beanery Europe Ltd and Merchant Trading Limited, which concerns the sale of the franchise agreement for Greece. The agreement was signed on June 20, 2008 and was ratified on July 8, 2008 against the sum of EUR 1,500,000. Merchant Trading Limited aims to open at least 2 coffee shops in 2008 and 10 by the end of
2009 in Greece. This agreement is important for Coffee Beanery Europe Ltd and falls within the framework of its expansive policy.