FOLLI - FOLLIE S.A.
Invitation to the Annual Ordinary General Meeting
In accordance with the Greek Law and the company's Articles of Association, the shareholders of the company are herewith invited to the Annual Ordinary General Meeting on Thursday, June 19, 2008 at 12.00, at the Company's head office, 23km National Road Athens Lamia, Agios Stefanos, to discuss and decide the following items.
ISSUES OF THE AGENDA
1. Submission and approval of the annual financial statements for the fiscal year 2007 following the hearing of the reports of the Board of Directors and the Chartered Auditors-Accountants for the fiscal year 2007.
2. Approval for the appropriation of the net profits after tax for the fiscal year 2007 and approval of the dividend distribution to the shareholders.
3. Approval of remuneration for the members of the Board of Directors
4. Waiver of liability of the Members of the board of Directors and the Chartered Auditors-Accountants for the fiscal year 2007.
5. Election of one ordinary and of one substitute Chartered Auditor-Accountant for the year 2008 and definition of their payment.
6. Amendments of articles 5,11,12,16,17,19,20,22,23,24,26,27,28,30,31,33,34,38,41,42,43,44,48,49,50 of the company's Articles of Incorporation, as well as amendments in coordination with the new provisions of law 2190/20 on Societes Anonymes.
7. Issuance of common bond loan till the amount of EURO 335.000.000 to repay the existing debt of the Company, in coordination with provisions of law 3156/2003 and provision of the relevant proxies to the Board of Directors for setting the specific terms of the loan.
8. Acquisition of own shares according to article 16 of law 2190/1920.
9. Various announcements and decisions.
The shareholders who wish to participate to the Annual Ordinary General Meeting must deposit a certificate issued by the Central Security Depository S.A. of the blocked shares for participation to the General Meeting to the Company's Head Office, 23km National Road Athens-Lamia, Agios Stefanos, Shareholder's department. To issue such a certificate, the shareholders must apply either directly to the Hellenic Stockechange S.A. or through their custodian (bank or brokerage firm)
The relevant blocking certificates and the proxies of the representatives must be deposited to the company at least five (5) full days before the date of the General Meeting.
Athens 21th May 2008
The Board of Directors
ISSUES OF THE AGENDA
1. Submission and approval of the annual financial statements for the fiscal year 2007 following the hearing of the reports of the Board of Directors and the Chartered Auditors-Accountants for the fiscal year 2007.
2. Approval for the appropriation of the net profits after tax for the fiscal year 2007 and approval of the dividend distribution to the shareholders.
3. Approval of remuneration for the members of the Board of Directors
4. Waiver of liability of the Members of the board of Directors and the Chartered Auditors-Accountants for the fiscal year 2007.
5. Election of one ordinary and of one substitute Chartered Auditor-Accountant for the year 2008 and definition of their payment.
6. Amendments of articles 5,11,12,16,17,19,20,22,23,24,26,27,28,30,31,33,34,38,41,42,43,44,48,49,50 of the company's Articles of Incorporation, as well as amendments in coordination with the new provisions of law 2190/20 on Societes Anonymes.
7. Issuance of common bond loan till the amount of EURO 335.000.000 to repay the existing debt of the Company, in coordination with provisions of law 3156/2003 and provision of the relevant proxies to the Board of Directors for setting the specific terms of the loan.
8. Acquisition of own shares according to article 16 of law 2190/1920.
9. Various announcements and decisions.
The shareholders who wish to participate to the Annual Ordinary General Meeting must deposit a certificate issued by the Central Security Depository S.A. of the blocked shares for participation to the General Meeting to the Company's Head Office, 23km National Road Athens-Lamia, Agios Stefanos, Shareholder's department. To issue such a certificate, the shareholders must apply either directly to the Hellenic Stockechange S.A. or through their custodian (bank or brokerage firm)
The relevant blocking certificates and the proxies of the representatives must be deposited to the company at least five (5) full days before the date of the General Meeting.
Athens 21th May 2008
The Board of Directors