IASO S.A.

Board of Directors Dividend proposal for the fiscal year 2007

The IASO SA Board of Directors following its high dividend policy, decided on 13/3/2008, to propose to the Annual Ordinary General Meeting a dividend payout of euro 14,54 mil. (i.e. euro 0,33 per share). The proposed dividend is 10% higher than the one distributed the previous fiscal year, It is noted that the average annual (2007) dividend yield will amount to 3,13%, provided that the proposal gets approved by the Annual General Meeting, which will be held on 6/6/2008, the share will be quoted ex-dividend as of 10/6/2008. The payment of the dividend will commence on 19/6/2008.