The company "NEOCHIMIKI S.A." (hereafter the "Company"), notifies, according to the provisions of article 10 par. 1 of the L. 3340/2005 and the article 2 el (e) of the resolution of the Board of Directors of the Capital Market Commission 3/347/12.07.2005, the resolutions taken by the Board of Directors of the Company at its session on 07.05.2008, according to the provisions of the c.l. 2190/1920, of the Articles of Association and the article 3 of the L.3016/2002, following Mr. Aristotelis Charalampakis' resignation on 23.06.2008 as Vice - Chairman, Independent Non- Executive Member of the Board of Directors and Mr Nikolaos Karantanis? resignation on 25.6.2008 as Independent Non - Executive Member of the Board of Directors of the Company. 1. Mr. Robert Easton, and Mr Juergen Pinker, were elected as new Members of the Board of Directors in substitution of the resigning members of the Board of Directors Mr. Aristotelis Charalambakis and Mr Nikolaos Karantanis for the rest of the term of the Board of Directors, namely until 13.06.2011. The election of Mr. Robert Easton and Mr Juergen Pinker will be ratified, according to the provisions of the c.l. 2190/1920 and the Articles of Association of the Company by the next General Meeting of the Shareholders of the Company. 2. The Board of Directors has been formed as follows, electing new Chairman of the Board of Directors of the Company; at the same time the executive and non executive members of the Board of Directors were appointed, pursuant to L. 3016/2002, as follows: (1) Robert Easton, Chairman of the Board of Directors and Non-Executive Member. (2) Juergen Pinker, Non-Executive Member of the Board of Directors. (3) Konstantinos Moutsos, son of Andronikos, Managing Director of the Company, Executive Member and Commissioned Director. (4) Evaggelos Lolas, son of Vasilios, Independent Non-Executive Member of the Board of Directors. (5) Panagiotis Damilakos, son of Vrasidas, Independent Non-Executive Member of the Board of Directors. The term of office of the above Board of Directors expires on 13.06.2011 and may be extended until the fist ordinary General Meeting following the expiry of its term.