NIREUS SA announces that the 1st Iterative General Meeting, that was held the 2nd of June, 2008 at 15:00 p.m., was attended by person or in proxy by 25 shareholders representing 19.379.337 shares out of a total 51.507.883 shares, namely 37,624%. Due to lack of the quorum required by C.L. 2190/1920 and the Company's Articles of Association, the Meeting did not discuss nor decide on the item on the agenda, regarding the increase of share capital via capitalization of reserves and concurrent decrease of the share capital by the same amount for offsetting losses, by a simultaneous reduction and increase in the nominal value of shares, as announced by the 18.04.2008 invitation. The 2nd Iterative General Meeting will be held on June the 16th, Monday at 15:00 at the Company's headquarters in Koropi, 1 km Vari-Koropi Avenue and Demokritou Street.