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HATZIOANNOU HOLDINGS S.A. ANNOUNCES VIRGIN WARE OPENS NEW STORE IN THE UK

HATZIOANNOU HOLDINGS S.A. ANNOUNCES VIRGIN WARE OPENS NEW STORE IN THE UK

London, 5. April 2004 - VIRGIN ware OPENS A NEW STORE IN THE UK

Hatzioannou, the leading European group in the second skin manufacturing and value for money retailing, announced that its 100% UK subsidiary Virgin ware opened a new store in Croydon, UK.

Virgin ware had opened another store in Guildford, UK on March 17th, reaching in total 14 stores in England. (Please see table).

OPENING DATESTORES-LOCATION
JULY 2002FOUBERTS-LONDON
APRIL 2003READING
AUGUST 2003BULL RING-BIRMINGHAM
AUGUST 2003FIGLEAVES (Online Store)
SEPTEMBER 2003TRAFFORD-MANCHESTER
OCTOBER 2003BRAINTREE-ESSEX (Stock House)
NOVEMBER 2003CHESTER
DECEMBER 2003PETERBOROUGH
DECEMBER 2003HATFIELD (Stock House)
DECEMBER 2003CRAWLEY
JANUARY 2004NEW YORK
FEBRUARY 2004BROMLEY
MARCH 2004GUILDFORD
MARCH 2004CROYDON

Virgin ware will be consolidated to the group for the first time in 2004.

Hatzioannou shares are listed on the Athens Stock Exchange (Reuters: HADr.AT), (Bloomberg: HATZK GA) and also traded on the Deutsche Borse.

Hatzioannou's full year end results are available for download: http://www.rns-pdf.londonstockexchange.com/rns/ 6354w_hatzioannou-2004-3-17.pdf

This information is also available on Hatzioannou's website at www.hatzi.gr

Hatzioannou Holdings S.A. contact: Nick Demos, IRO, Tel.: ++30 210 6387820, Email: nick.demos@hatzi.gr