SANYO HELLAS HOLDING S.A. announces, pursuant to resolution 3/347/12.07.2005 of the Board of Directors of the Capital Market Committee, that, within the framework of reorganising and optimising the activities of the group's companies, the Boards of Directors of its 100% subsidiaries SANYOCOM SA and SANYO TRADING SA decided on 06/05/2008 to merge their companies with the absorption of the latter company by the former company. The merger will be performed in accordance with the stipulations of articles 1 to 5 of Law 2166/1993 and articles 68 par 2 and 69-77a of Codified Law 2190/1920. The 31/12/2007 is set as merger balance sheet date of the absorbed company.