ELGEKA S.A. would like to notify the investing public that the Extraordinary General Shareholders Meeting of the subsidiary company "VIOTROS - FOOD INDUSTRY - MANUFACTURING AND MILK PROCESSING INDUSTRIAL AND COMMERCIAL S.A." on the 4th of March, among other issues, has taken the following decision:
a) The extension of the object and purpose of the company with the addition of the following: "offer of picking services, transportation, storing and supplying business units with materials of any kind, products and commodities as well as the administration of the total relative information on behalf of third parties".
b) The change of the corporate name to "VIOTROS - FOOD INDUSTRY - MANUFACTURING AND MILK PROCESSING - WAREHOUSING - INDUSTRIAL AND COMMERCIAL S.A."
c) The share capital increase by 525.000,00 euro through cash payment and issuance of 17.500 new common stocks at a par value of 30,00 euro each. Following the above, the share capital of VIOTROS S.A. will amount to 1.906.500,00 euro divided into 63.550 common stock at a par value of 30,00 euro each. ELGEKA S.A., will hold 80% of the share capital, i.e. 50.840 shares.
The above increase of the share capital of the company "VIOTROS S.A." is realized for the coverage of the 25% self financing for the completion of the already approved investment plan under the Incentive Law 3299/2004 and concerns the construction of a new modern Logistics Center in which will be implemented an electronic Warehouse shelving system at the Industrial Area of Prosotsani at Drama prefecture.
ELGEKA S.A., today, the 05th of March 2008, paid 420.000,000 euro in order to participate in the share capital increase of its subsidiary with the percentage that already owns.