Commercial Credit Report for Hellatex S.A. Synthetic Yarns

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	Hellatex S.A. Synthetic Yarns
Asklipiou 23
Phone: +30 210 34 64 763p:+30 210 34 64 763	Athens, 10680 Greece	Ticker: ELAT ELAT

This company is no longer actively traded on any major stock exchange.

Business Summary

Hellatex S.A. Synthetic Yarns is a Greek integrated producer of continuous synthetic filament yarns, with an annual capacity of about 8,000 meters of polyester and 2,000 meters of polyamide. It supplies products for weaving, knitting and stocking applications to both domestic and foreign markets. The Company's main products are texturized, single- or two-ply yarns, offered in semi-dull or bright luster and supplied to order. They are available in a number of color shades either by conventional dyeing in highly automated autoclave installations or by mass dyeing. The yarns are also supplied with a variety of twists per unit length and are delivered on cones, bicones, cops or beams. It exports over 50% of its total production. The Company has a France-based subsidiary, Ronaltex S.A.S, engaged in the trade of Hellatex products.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
9/30/2008	12/31/2007	Yes	-	-	-	-

Industries

SIC Code	Description
2284	Thread mills
2281	Yarn spinning mills
2282	Acetate filament yarn: throwing, twisting, winding, or spooling

Officers and Directors

Title	Name	Age	Title Date
Chairman of the Board, Chief Executive Officer	Charilaos L.Liambeis		1/1/2006
Chief Financial Officer, Executive Director	Pavlos-Stylianos P.Tsouklidis
Non-Executive Director	AlexandrosMaschas		1/1/2006
Non-Executive Independent Director	Nikolaos G.Marangos	43
Non-Executive Independent Director	GrigoriosMarkouizos

Business Names

Business Name
ELAT
Hellatex S.A. Synthetic Yarns

General Information

Number of Employees:	12	(As of 9/30/2008)
Outstanding Shares:	10,157,368	(As of 9/30/2008)
Shareholders:	10,325
Stock Exchange:	ATH
Fax Number:	+30 210 34 70 230

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