The company DIAS AQUACULTURE S.A. notifying the following points: "Please be informed that as part of the process of Dias Aquaculture S.A. (absorbing company) merging with Neptunus Aquaculture S.A. (absorbed company), the Draft Merger Agreement, which has been proposed by the Boards of Directors of both companies, was approved by the competent authorities and the approval decision was published in Government Gazette issues Nos. 5817/30-06-2008 and 6361/04-07-2008. Under the Draft Merger Agreement proposed by the Boards of Directors of both companies, the merger will be effectuated by the latter being absorbed by the former, in accordance with the provisions of Articles 1 and 5 of Law 2166/1993 read in conjunction with the provisions of Articles 69 to 78 of Codified Law 2190/1920, the capital of the absorbing company will remain unchanged given that it already holds all shares in the absorbed company, and its shares will be cancelled to avoid confusion arising.
The merger procedure will be effectuated on the basis of financial data as of 31.12.2007, the date of the absorbed company's transformation balance sheet. The merger is subject to approval from the Boards of Directors of both companies and the permits and authorisations from the competent authorities required by law being obtained, and is expected to have been completed by 30 September this year."