The company announces that the Extraordinary Shareholders Meeting was held on 11/5/6/2006 and was attended by 47 shareholders representing 27,596,858 shares out of the total 39,083,875 shares (equal to 70.60%). During the Shareholders Meeting the following matters on the agenda were discussed and decided upon. More specifically:
1) The Shareholders Meeting unanimously approved: (a) The Company''s transformation Balance Sheet as of 15.02.2007 and (b) the Auditor''s-Accountant Report for the ascertainment of the book value of the Company''s assets.
2) The Shareholders Meeting unanimously approved: (a) The Merger Agreement Announcement among the Societe Anonymes VETERIN S.A., LAMDA DETERGENT S.A., ELPHARMA S.A. and EVIK S.A. (together the "Merged Companies"), as of 06.03.2007, (b) the explanatory report of the board of Directors on the above Merger Agreement Announcement, according to article 69 par. 4 of Codified Law 2190/1920 and (c) the opinion of the chartered auditor''s-accountant of the chartered auditor''s company "S.O.L Chartered Auditors Accountants S.A." for the audit of the Merger Agreement Announcement and the true and fair of the exchange ratio.
3) The Shareholders Meeting unanimously approved the merger of the Company with the societe anonyme VETERIN S.A., through absorption of the Company, jointly and simultaneously with the societe anonymes ELPHARMA S.A. and EVIK S.A., from VETERIN S.A. in accordance with the provisions stated in articles 68 of codified law 2190/1920 as in effect, in combination with the provisions stated in articles 1-5 of law 2166/1993 as in effect.
4) The Shareholders Meeting unanimously approved the determination of representatives for the signature of the notarial action of the Company?s merger with the societe anonyme VETERIN S.A., with the joint and simultaneous absorption of the Company with the societe anonymes ELPHARMA S.A. and EBIK S.A. from VETERIN S.A. and the provision of authorization for the transaction of any other action, statement, announcement or legal act that is claimed for the specific purpose and generally for the completeness of the merger and the effectuation of the Extraordinary Shareholders'' Meeting decisions.
5) The Shareholders Meeting unanimously approved the actions, statements, announcements and legal acts of the Company''s Board of Directors, of those added and of the attorneys'' letters being carried out for the purposes of the aforementioned merger until the session date of the Extraordinary Shareholders Meeting.
6) Following, the Shareholders Meeting discussed about the progress of the Company''s projects and the future plans of the Company.