S&B Industrial Minerals S.A. (the "Company") informs investors that the Annual General Meeting of Shareholders, held on 1 June 2011, resolved, among other topics, to decrease the total number of shares from 51,782,200 to 51,110,687 ordinary registered shares, by cancelling 671,513 treasury shares, according to article 16 of C.L. 2190/1920.
The abovementioned treasury shares were acquired during the period from 6 June 2008 until 12 January 2011, based on the resolutions of the Company's Annual General Meetings of May 14th, 2008, and June 17th, 2010.
After the aforementioned decrease, the Company's share capital amounts to €51,110,687.00 divided into 51,110,687 ordinary registered shares, of nominal value €1.00 each.
On 22 June 2011, decision K2-5268/22-06-2011 of the Minister of Economy, Competitiveness and Shipping regarding the approval of the amendment of the relevant article of the Articles of Association was recorded in the Register of Societes Anonymes of the Ministry of Economy, Competitiveness and Shipping.
The Athens Exchange on 5 July 2011 has been informed of the share capital decrease in question due to cancellation of the Company's treasury shares.
Following the above, by decision of the Company, trading of the cancelled 671,513 shares will cease as of as of 11 July 2011.
For further information shareholders may contact the Company's Shareholders' department (tel. +30 210 6296157, Mr. Haris Kotsokolos).