ELGEKA S.A.
Participation of ELGEKA S.A. in the share capital increase of its subsidiary company "DIAKINISIS S.A. - Warehouses - Distribution - Promotional Packaging"
We would like to inform the investing public that today on Thursday the 26th of June 2008, ELGEKA S.A. paid euro 999.872,00 for its participation in the share capital increase of "DIAKINISIS S.A. - Warehouses - Distribution - Promotional Packaging" with the 99,99% that already owns. The share capital increase was decided by the unsolicited Extraordinary General Assembly of Shareholders on the 24th of June 2008. Specifically, the above mentioned unsolicited Extraordinary General Assembly of "DIAKINISIS S.A." decided the increase of the share capital by euro 1.000.000,00 through cash payment and issuance of 500.000 new shares at a par value euro 2 each, in order to conclude the Investment Plan to the incentive Law 3299/2004 approved by the Ministry of Economy and Finance with the decision 35736/4/00611/E/N.3299/2004/24-05-2007 which concerns the expansion of the storage capacity with the establishment of a new logistics center, in the existing leased premises that are located at "Hani Adam" in Aspropyrgos Attikis. The budget of the above mentioned Investment Plan is euro 3.770.000,00 and the Company will receive 30% grant of the total budget, i.e. euro 1.131.000,00.