Libra expects better performance

Libra Holidays Group Plc announced that, based on current indications, the preliminary accounts for the financial year ended 31st October 2006, are improved, with less losses, compared to the preliminary results of year 2005. This improvement is mainly due to expected reduction in the impairment of the intangible assets of the Group.

It is hereby announced that the board of directors of Libra Holidays Group Plc will meet on Thursday 28th December 2006 at its offices in Limassol, to consider and approve the preliminary consolidated accounts for the year ended 31-10-2006.