According to article 290 par. 5 of Stock Exchange Regulation, we would like to inform you that on the 25th of June 2008, the period of the Implementation of Share Buy Back program followed by the decision of the Annual General Assembly of Shareholders of ELGEKA S.A. held on the 25th of June 2007, has been terminated.
The above mentioned decision, specified the share buy back, in accordance with the article 16 par. 5 of L. 2190/1920 (before it was amended by L.3604/2007) up to 10% of the Company shares, i.e. 3.205.433 including 117.300 own shares, which had been repurchased following previous relative decision, in order to further support the share' s value at the Stock Exchange. The minimum purchase price was set at 2,00 Euro per share while the maximum was set at 6,00 Euro per share, throughout the period from 9th of July to 25th of June 2008.
During the aforementioned period the Company did not effect any purchase and therefore the total number of Company shares owned today are still 117.300 shares, representing 0,366% of the Company share capital that had been purchased following the previous decision of the Annual General Assembly on the 27th of June 2005.
It should be noted that all the above shares owned by our company are duly paid and purchased through Athens Stock Exchange.