The Company announces that in the Annual General Meeting of the Shareholders that took place on 15/05/2008 30 shareholders were present representing the 74,5% of the total capital (25,603,324).
The Annual General Meeting has taken the following decisions:
1. The financial statements of the company for the year 1.1.2007-31.12.2007, the reports of the Board and of the Auditors and the distribution of a dividend of 0,25 euro per share have been were approved. Beneficiaries of the dividend are shareholders of the company holding shares at the closing of the Athens Stock Exchange trading session of 29 Μay 2008. The payment of the dividend will commence on the 6th of June 2008 through EFG Eurobank.
2. Discharge of the Board of Directors and the Auditors from all responsibility of indemnification in relation to the financial year 2007.
3. The appointment of Μοοre Stephens auditing firm for the audit of the financial year 2008 with Mr Stelios Kourtellas as a auditor.
4. Τhe company's share capital will increase with the issue of 3,436,125 new shares, of nominal value of 1 euro each offered to the shareholders at a ratio of 1 new share for every 10 old shares through the capitalization of 3,383,002.12 extraordinary reserves and through the capitalization of taxable reserves in respect with article 8 N. 2579/1998 of 53,122.98 euro. Article 5 of the Association of the company will be amended.
5. The amendment of article 20 of the Association as regards the responsibilities of the Board of Directors, the article 16 as regards the people that preside the General Assembly, the articles 17 and 25 as regards the ratification of the proceedings, as well as the harmonization of the articles 7, 8, 9, 10, 11, 14, 15, 19, 20, 23, 24, 26, 27, 28, 30 31 και 32 with the 2190/1920 Law after its amendment from 3604/2007 Law.
6. The approval of fees payable to General Manager up to 30.6.2009.