Cyprus Options issues negative profit warning

Options Cassoulides Plc announced that the nine-month results 2008 will be lower compared to the corresponding results of 2007. The decline is attributed to the increased expenses in the sector of conferences and services due to the investments in Asia, as well as the sector of printing.
The results are also negatively affected due to the fact that the Company has reached an agreement with the Income Tax for the payment of EUR650,000, which concerns taxes from the previous years.