Eurobank Properties REIC (the "Company") announces the following:
A. The Annual General Meeting of April 6th, 2011, with a 76,84% quorum of the paid up share capital resolved the following in respect of the items of the Agenda, as described in the Invitation dated March 14th,2011:
Item 1: The approval of the annual financial statements for the year 2010, the distribution of profit and the payment of dividend amounting to 0.53 euro per share. Due to the distribution of interim dividend in 2010 of 0.15 euro, the remaining dividend to be distributed to the shareholders amounts to 0.38 euro per share. The amount of the dividend of the treasury shares that the company owns will increase pro rata the dividend of the remaining shares, so the final dividend which will be distributed to the shareholders shall be increased accordingly.
As of Thursday, April 14th, 2011, the share will be traded on the Athens Exchange withoutthe right to dividend. Dividend payment will commence on Thursday, April 21, 2011, through the payment Bank, EFG Eurobank Ergasias S.A
PRO 46,857,691 shares (99.950%)
AGAINST 22,000 shares (0.046%)
ABSTAIN 2,100 shares (0.004%)
Item 2: To release the members of the Board of Directors and the Auditors of the Company from any liability for their activity during the financial year which ended on December 31st 2010.
PRO 46,879,691 shares (99.996%)
AGAINST 0 shares (0%)
ABSTAIN 2,100 shares (0.004%)
Item 3: The appointment of the auditors PriceWaterhouseCoopers for the financial year 2011. Fees will be determined according to the decisions of the Supervising Board of Certified Public Accountants in Greece.
PRO 46,698,863 shares (99.611%)
AGAINST 180,828 shares(0.385%)
ABSTAIN 2,100 shares (0.004%
Item 4: The appointment of the sworn-in certified valuer (surveyor) and the appointment of a substitute valuer of the Company for the financial year 2011. In accordance with c.l. 2778/1999, fees may now be agreed by mutual consent.
PRO 46,720,863 shares (99.658%)
AGAINST 158,828 shares (0.338%)
ABSTAIN 2,100 shares (0.004%)
Item 5: The election as members of the Board of Directors of the following persons:
1. Odysseas Athanasiou,. son of Eleftherios
2. Vasileios Vafeiadis, son of Ioannis
3. Nikolaos Galetas, son of Ioannis
4. Georgios Katsimbris, son of Michael
5. Nikolaos Bertsos, son of Anastasios.
6. Georgios Papazoglou, son of Ioannis
7. Georgios Chrysikos, son of Konstantinos
as well as the election of Mr Vasileios Vafeiadis, Mr Georgios Katsimbris and Mr Georgios Papazoglou as independent non-executive members.
PRO 46,802,873 shares (99.833%)
AGAINST 16,243 shares (0.034%)
ABSTAIN 62,675 shares(0.133%)
Item 6: The election as members of the Audit Committee of the following persons:
1) Odysseas Athanasiou, son of Eleftherios
2) Vasileios Vafeiadis, son of Ioannis
3) Nikolaos Galetas, son of Ioannis
PRO 46,766,164 shares (99.754%)
AGAINST 113,527 shares (0.242%)
ABSTAIN 2,100 shares (0.004%)
Item 7: To keep the remuneration of the executive members of the Board of Directors at the same level as it was last year according to the article 23a c.l. 2190/1920
PRO 44,421,696 shares (94.754%)
AGAINST 507,995 shares (1.083%)
ABSTAIN 1,952,100 shares (4.163%)
Item 8: The permission in accordance with article 23 par. 1 of c.l.2190/1920 to the Directors and Executives of the Company to participate on the Board of Directors or the management of Companies (shareholders) owning above 5% and with similar objectives to those of the Company.
PRO 46,852,407 shares (99.938%)
AGAINST 27,284 shares (0.058%)
ABSTAIN 2,100 shares (0.004%)
Item 9: The acquisition by the Company of treasury shares as per Article 16 of Codified Law 2190/1920
PRO 46,852,407 shares (99.938%)
AGAINST 27,284 shares (0.058%)
ABSTAIN 2,100 shares (0.004%)
The above mentioned resolutions of the General Meeting will be implemented after obtaining the relevant approvals from the competent supervisory authorities and after the completion of all relevant formalities.