Telia expects improvement in final results 2008

Pursuant to the CSE and SEC Regulations and in order to fully inform the shareholders and the investing public in general, we wish to announce that the results for the year ended December 31, 2008 are expected to show improvement compared to the corresponding results of 2007.

This improvement is attributable to the fact that there were no fish losses due to bad weather conditions in 2008 as well as the better management of spawn of the Company’s fish culture station.