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Stario: Clarification on final results

Due to the recent reorganization of the Company and the significant reduction of its staff, the annual accounts have not been completed yet but they have reached the final stages of their preparation. It is noted that the emerging loss will be significantly different from that announced in the preliminary results due to the increase in bad debt provisions and the further depreciation of investments.

The Board of Directors of Stario Portfolio Investments Ltd announces that it is not ready at the current stage to announce the exact date of the approval of the audited results for the year ended December 30, 2011 but it will do so in next few days.

We look forward to your understanding and we inform you that the final results and the decisions of the Board of Directors will be announced to the CSE and the SEC following their approval.

Thursday, 31 May, 2012 - 17:12