SPRIDER STORES announces to its shareholders that the share capital increase via reserve capitalization, which took place according to the relevant decision of the Extraordinary General Assembly, held on November 22, 2007, lead to remnant fractions of shares. According to article 53 of law 3371/2005 and the decision of the BoD of the Hellenic Capital Market Commission and in combination with article 99 of the Athens Exchange new regulation, the above fractions of shares will be liquidated after the expiration of the six - month deadline, set by the law, i.e. after June 28, 2008, under the permission of the Hellenic Capital Market Commission and the appointment of the Athens Exchange member that will perform the liquidation. The proceeds of the liquidation will be deposited to Fund of Deposits and Loans, from which the shareholders - endorsees will collect the corresponding amount.
All details regarding the date of the liquidation and the completion of the procedure, will be notified via a new corporate announcement.
For more information, shareholders may contact SPRIDER STORES Investor Relations Department (Tel: 0030 210 6609924, Fax: 0030 210 6664807, e-mail: ir@spriderstores.com, responsible: Mr. Thanos Maltezakis).