MICHANIKI S.A., in accordance with Article 281 of the Regulation of Athens Stock Exchange and in accordance with Article 2, paragraph 2e of the decision 3/347/12.7.2005 of the Hellenic Capital Market Commission and the article 281 of the Regulation of the Athens Stock Exchange, informs the investors that Mr. Savvas Katramados, qualified Civil Engineer of National Technical University of Athens, undertakes the position of the Director of Executed Work, replacing Mr. Vasilios Sioutas.