In an announcement released on Wednesday, Brainstorm Enterprises Public Limited reported that on April 4, 2006 the Company was informed that Toxotis Investments Public Limited, Europrofit Capital Investors Public Limited, CLR Investment Fund Public Limited, CLR Capital Public Limited, Stylianos Triantafyllides and Giorgos Triantafyllides have disposed a significant stake in the share capital of Brainstorm Enterprises Public Limited and Krondel Enterprises Limited has acquired a stake of 75.59%.

The details of transactions are as follows:

1) The percentage of voting rights and share capital held by Toxotis Investments Public Limited before the aforementioned disposal stood at 6.27% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

2) The percentage of voting rights and share capital held by Europrofit Capital Investors Public Limited before the aforementioned disposal stood at 13.00% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

3) The percentage of voting rights and share capital held by CLR Investment Fund Public Limited before the aforementioned disposal stood at 13.22% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

4) The percentage of voting rights and share capital held by Toxotis Investments Public Limited before the aforementioned disposal stood at 6.27% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

5) The percentage of voting rights and share capital held by CLR Capital Public Limited before the aforementioned disposal stood at 22.98% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

6) The percentage of voting rights and share capital held by Stylianos Triantafyllides before the aforementioned disposal stood at 6.89% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

7) The percentage of voting rights and share capital held by Giorgos Triantafyllides before the aforementioned disposal stood at 5.85% and after the disposal the company is no longer a holder of voting rights or share capital in Brainstorm Enterprises Public Limited.

It is worth noting that Krondel Enterprises Limited did not have any voting rights or share capital in Brainstorm Enterprises Public Limited.