Α. Nireus S.A. announces the appointment of a second market maker on the company's listed shares. The BoD of the Athens Exchange on its 27.2.2008 meeting approved the Company's application and authorized Cyclos Securities to act as a designated market maker of Nireus shares starting on the 3rd of March 2008. The appointment of a second maker is designed to further enhance the liquidity for the shares of Nireus on Athens Exchange. Nireus SA has entered a contractual agreement with Cyclos Securities with the following terms:
1. Cyclos Securities will undertake on its own account market making operations comprising of simultaneous purchase and sale orders involving minimum quantities of Nireus' shares according to the terms and provisions of the current legislation. For this service Nireus will pay a market maker's fee to Cyclos Securities.
2. The market making contract has an one (1) year duration.
3. To facilitate the market making process and in light of the possible risks the market maker is taking, Cyclos Securities has signed an agreement with the shareholders of Nireus SA Mr. Belles Aristidis of Stergios and Mr. Chaviaras Nicholaos of Emmanuel that provide for their obligation to conclude repurchase agreements on the Derivatives Market of the Athens Exchange.
B. Mr. Belles Aristidis of Stergios announces that the BoD of the Athens Exchange on its 27.2.2008 meeting approved the application of Nireus SA for market making on the company's listed shares and granted Cyclos Securities a license to act as the market maker. The market making will start on the 3rd of March 2008 and is designed to enhance the liquidity for Nireus' shares on the Athens Exchange. To facilitate the market making process and in light of the possible risks the market maker is taking, Mr. Belles Aristidis of Stergios, as a shareholder of Nireus, has signed an agreement with Cyclos Securities that provide for his obligation to conclude repurchase agreements on the Derivatives Market of the Athens Exchange.
C. Mr. Chaviaras Nicholaos of Emmanuel announces that the BoD of the Athens Exchange on its 27.2.2008 meeting approved the application of Nireus SA for market making on the company's listed shares and granted Cyclos Securities a license to act as the market maker. The market making will start on the 3rd of March 2008 and is designed to enhance the liquidity for Nireus' shares on the Athens Exchange. To facilitate the market making process and in light of the possible risks the market maker is taking, Mr. Chaviaras Nicholaos of Emmanuel, as a shareholder of Nireus, has signed an agreement with Cyclos Securities that provide for his obligation to conclude repurchase agreements on the Derivatives Market of the Athens Exchange.