Following the announcement dated 15.2.2008, by which, IASO S.A. informed the investment public about the decision of the Extraordinary General Meeting, dated 14.2.2008, of its subsidiary Company IASO GENERAL S.A., to proceed to an increase of its share capital with cash payment, IASO SA informs hereto the investment public on the following matter. Through the aforementioned share capital increase, 7.670.000 new shares shall be issued, with distribution price of 3,42 ? per share. In case where the share capital increase will be fully covered, the raised amounts will be as follows:
Increase of Share Capital euro 2.377.700
Increase of Share premium euro 23.853.700
Number of shares after increase euro 57.370.000
Amount of share capital after increase euro 17.784.700
Amount of Share Premium reserves after increase euro 63.209.822
We would also like to inform the investment community that the Board of Directors of IASO GENERAL S.A. estimates that, the results of the fiscal year 2007 will be formed as follows:
Revenues euro 64,5 million
EBITDA (Earnings Before Interest, Taxes,
Depreciation and Amortizations) euro 6,9 million
EBT (Earnings Before Taxes) euro 0,1 million
Earnings/ (Losses)
after Taxes ( euro 2,4) million