Within the frame of article 2 par.2e of the Decision 3/347/12.7.2005 of the Hellenic Capital Market Commission and the stipulations of existing legislation and pursuant to the stipulations of Law 3016/2002 on Corporate Governance, the company NEOCHIMIKI L.V. LAVRENTIADIS S.A., informs the investment public that its Board of Directors during its session held on 01.12.2006 elected Ms. Eugenia Makrymichalou in replacement of Ms. Grammatiki Arvaniti as Head of Internal Auditing Department, who will be supervised by the independent non-executive member of the BoD, Ms. Smaragda Liarmakopoulou.