Seventh extension for USB bids

The CSE Council in agreement with the Securities and Exchange Commission and decided to extend by 3 working days the period of acceptance of the Competitive and Revised Public Offer of Aspis Pronoia AEGA and Commercial Value SA for the acquisition of a minimum 20% and a maximum 50% plus 1 share of the issued share capital of Universal Bank Public Ltd and the Revised Public Offer of Schoeller Holdings Ltd and Path Holdings Ltd for the acquisition of a minimum 41% and a maximum 50.99% of the issued share capital of Universal Bank Public Ltd so as to expire on May 15, 2007 in order to give time to the investing public to examine the competitive and revised document of the companies Aspis Pronoia AEGA and Commercial Value SA.