COMMISSION FOR THE PROTECTION OF COMPETITION

The Service of the Commission for the Protection of Competition on the 6th of June 2008 received on behalf of the companies H.A. Papaellinas & Co Ltd and Linette Ltd notification of a proposed concentration according to Article 13 of the Control of Concentration between Enterprises Law (Number 22(I)/99) concerning an agreement by which H.A. Papaellinas & Co Ltd will acquire part of the assets of the company Linette Ltd.

”H.A. Papaellinas & Co Ltd” main activities concentrate in the import, distribution, sale and marketing of well known international products(consumer goods, cosmetics and medicines) in the Cypriot market.

“Linette Ltd” operations concentrate on the production and sale of diapers for babies and the elderly. The enterprise is also active in the import, distribution and sale of other consumer goods.