Musktia expects better results

The Board of Directors of Muskita Aluminium Industries Pcl (MAI)  will convene on 21 November 2006 to examine the 9M06 financial results. The results will be issued prior to market open on

22 November 2006.

The Company announced that it expects the 9M06 results to be significantly improved compared to a year ago results for the same period on the back increased revenue and additional cost containment efforts.

A year ago in the same period, MAI reported a net profit of CYP 3.21 mln yielding an EPS of 3.89 cent, whilst for the whole of 2005 the Company posted a net profit of CYP 4.6 mln (EUR 8 mln).