γεγυμ(νασιαρχηκότι) καὶ Νικωλάω
βι[βλιοφ(ύλαξι) ἐ]νκ(τήσεων) Ἀρσινοεί(του)
π[αρὰ Ὀννώ]φρεως τοῦ
-ca.?-
The text appears to reference a library or collection of writings associated with a figure named Nikolas and possibly related to a location or institution named Arsinoe. The mention of "by Onnophris" suggests a connection to a person or authority in this context.