After a notification received by the Bank EFG EUROBANK Ergasias S.A., Bondholders' Representative of the Company's Convertible Bond with an initial balance of €19,995.575,10, NIREUS AQUACULTURE SA notifies that the General Meeting of the Bondholders was held on June the 29th, 2012 at 14:00 hours at the registered office of the Company, 1st km Koropiou-Varis Ave. & Dimokritou Str., Koropi, Attiki, and was attended by 11 bondholders representing 79,257.942% of the outstanding balance of the aforementioned bond.  The Bondholders' Meeting resolved with a majority of 75.31% of the outstanding balance of the aforementioned loan to amend its terms as follows, provided that the outstanding balance of this loan (“Loan”)  including intermediate payments will amount to € 23.968.734,66 on 12.07.2012:  The Loan will mature on 13.07.2015 and will be repaid in five installments (each of the first four installments will be equal to € 1,500,000 and the 5th to €17,968,734.66– the 1st installment will be payable on 13.07.2012 and the following per semester), the nominal value of each bond will be €12.49, the annual coupon rate will equal 6-month EURIBOR plus a margin of 5%, this margin will equal 7% per annum in the event of a Breach of Contract, the right of conversion of the bonds to shares can be exercised at each quarter, each (1) bond will grant the Bondholder the option of conversion to 9,251852 common registered shares of the Company (of nominal value €1,34 each, with voting rights), the conversion price will equal € 1,35 per share, the financial ratios that must be maintained by the Company have been amended.