The company DELTA HOLDING S.A. which was renamed VIVARTIA INDUSTRIAL & COMMERCIAL COMPANY OF FOOD PRODUCTS & CATERING SERVICES S.A. ("the Company") announces, according to the provisions of the Decision 3/347/12.7.2005, article 2, par. 2.e. of the Capital Market Committee, to the Athens Exchange and to the investors, its new Board of Directors, in view of its new structure and further to the merger by absorption of the companies GOODY'S S.A., GENERAL FOODS S.A., DELTA DAIRY S.A., and CHIPITA INTERNATIONAL S.A., as well as the respective decision of the Company's Annual General Assembly of 01/06/2006.

The new Board of Directors, which will manage the company as of September 1st, 2006 until June 30th, 2009 inclusive, was constituted into body during its meeting on 01/09/2006 as follows:
Dimitris Aristidis Daskalopoulos, Chairman of the Board of Directors, executive member
Panayotis Vassilis Kanellopoulos, Vice Chairman of the Board of Directors, non-executive member
Spyridon Ioannis Theodoropoulos, Chief Executive Officer, executive member
Konstantinos Periclis Apostolidis, non-executive member
Apostolos Stavros Tamvakakis, non-executive member
Ulysses Paraskevas Kyrakopoulos, independent non-executive member
Eleftherios Dionyssios Antonakopoulos, independent non-executive member
Vassilios Stylianos Fourlis, independent non-executive member
Marilena Georgios Mamidakis, idependent non-executive member

The organizational structure of the Company will be simple with particular emphasis in the effective management of the leading brands and its competitive presence in each division.

The basic organization of the Company is the following:
Dairy & Beverages Division brands ΔΕΛΤΑ, Milko, Life, Complet κ.λπ.) with General Manager Mr. A. Giannakakos
Bakery & Pastry Division (brands 7days, Finetti, Molto κ.λπ.) with General Manager Mr. M. Triantafyllou
Catering Services & Entertainment Division (brands Goody's, Flocafe) with General Manager Mr. S. Seimanides
Frozen Foods Division (brands Barba Stathis, Chrysi Zimi, etc.) with General Manager Mr D. Takas

The organizational structure of each division remains as is.

The Board of Directors has also decided the formation of an Executive Board and the following Board of Directors Committees as follows:
EXECUTIVE BOARD
Dimitris Aristidis Daskalopoulos, Chairman of the Board of Directors
Spyridon I. Theodoropoulos, Chief Executive Officer
Pandeli Economo,Chief Financial Officer
Miltos Triantafillou, General Manager Bakery & Confectionary Division
Athanassios Giannakakos, General Manager Dairy & Drinks Division
Sotiris Seimanidis, General Manager Food Services & Entertainment Division
Dimitrios Takas, General Manager Frozen Foods Division
Stergios Nezis, Management Counsel

AUDIT COMMITTEE
Panayotis Kanellopoulos, non-executive member
Eleftherios Antonakopoulos, independent non-executive member
Vassilios Fourlis, independent non-executive member

REMUNERATION COMMITTEE
Ulysses Kyriakopoulos, independent non-executive member
Konstantinos Apostolidis, non-executive member
Apostolos Tamvakakis, non-executive member

SUCCESSION COMMITTEE (NOMINATION OF CANDIDATES & PRINCIPLES OF CORPORATE GOVERNANCE)
Dimitris Daskalopoulos, executive member
Ulysses Kyriakopoulos, non-executive member
Apostolos Tamvakakis, non-executive member