Laiki Investment and CLR merger on

Laiki Investment EPEY Public Company Ltd (LI.CY) announced that on September 17, 2008 the CySEC approved a Document equivalent to a Prospectus for the offer and issue of up to 85,714,286 new shares of nominal value EUR0.34 to the shareholders of CLR Capital Public Limited (CLR.CY) as an exchange with the shares that they will hold in CLR Capital. The Document equivalent to the Prospectus was prepared within the framework of the merger procedure of the two companies via the absorbance of CLR Capital by the Company.