The Board of Directors approves the half year report at 30th June 2004

In the first semester of 2004 the CAD IT group showed a Production Revenue of €26.6 million, the Gross Operational Result of €4.3 million (16.27% of the Production Revenues).

The Net Financial Position of €14.4 million, has increased compared to the €10.97 million (+31.6%) at 30/06/2003 and €14.13 million (+2.2%) at 31/12/2003.

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