ALUMINIUM OF GREECE S.A. Shareholders were convened to an Extraordinary General Meeting on Wednesday 11th July (2 p.m.) at the conference centre Kapsis, meeting-room Helios on Parnonos Street No. 10 in Marousi Attica. The following items were on the agenda:
1. Resolution on the spinoff of the Company's branch of production, manufacture, trade of alumina, aluminum, mining materials and ores, with date of drafting of the transformation budget 31.03.2007, and contribution of the branch to the incorporated company with the name ALUMINUM S.A., in accordance with the provisions of articles 1-5 of Law 2166/1993, the relevant provisions of Regulatory Law 2190/1920 as it stands, and in general with the commercial legislation, and approval of all relevant decisions and actions of the Company's Board of Directors.
2. Approval of the Chartered Auditors' report for the confirmation of the contributed branch assets' accounting value and for the contributed branch's budget of 31.03.2007.
3. Appointment of the Company's representative for the signature of the relevant notarial deed for the spinoff and contribution of the Company?s branch of production, manufacture, trade of alumina, aluminum, mining materials and ores to the incorporated company with the name ALUMINIUM S.A..
4. Various subjects - Announcements.
56 Shareholders were present, either in person or by proxy. The shares that were committed within the legal time limits amounted to 21,751,054, i.e. a percentage of 55.81 of the registered share capital, and the shares committed after the deadline amounted to 1 share. The total participation at the General Meeting was 21,751,055 shares/votes, i.e. a percentage of 55.81 of the registered share capital.
As the quorum of 2/3, required by the law and the Company's Articles of Association (article 26, par. 2) for deliberation on the first item and on the ensuing items 2 and 3 on the agenda, was not reached, the General Meeting was cancelled. The Company's Board of Directors will convoke a Repeat Shareholders General Meeting to take place within twenty days after the cancelled General Meeting of 11th July 2007 and specifically on Monday 23rd July 2007 at 2 p.m. at the same place (Conference Centre KAPSIS, meeting-room Helios, Parnonos Street No. 10, 5th floor, Marousi, Attica).