4Q05 Sales up 6,2% with cork stoppers up 18%.

12M05 Sales increased 0,3% reaching 428,0 M€, reversing negative deviations of previous Quarters.

CORTICEIRA AMORIM posted a 12M05 EBITDA of 49,5 M€, gaining 5,2% fuelled by a strong 4Q05 (+42%).

Net Profit for 12M05 reached 15,7 M€, an increase of + 3,9%.

Equity to Asset ratio at 40% at year end.

Board of CORTICEIRA AMORIM proposes a dividend of 0.05€ per share, a 43% increase.

Consolidated net results for 2004 increased 23.6%, to Euro 10.0 million.
Sales reached Euro 429 million.
EBIT stable at Euro 20.7 million.
Additional Euro 48 million decreased in net debt.
Gross dividend proposal of Euro 0,035 per share.