The Extraordinary Shareholders Meeting of the company "NEOCHIMIKI - L.V. LAVRENTIADIS S.A." was held on 16/3/2007 and was attended by 7 shareholders representing 306,500 shares out of the total 36,000,000 shares (equal to 0.85%). In order to discuss on the following matters of the agenda:
1. Issue of convertible bond loan of up to euro 100.000.000 with a cancellation of the preference right of old shareholders and authorization license towards the Board of Directors for the setting of special issuing and dispensation terms of the convertible bond loan.
2. Approval of the replacement of members of the Board of Directors.
3. Cancellation of interim orders of the company''s articles of association and its codification in a discourse.
Because of the absence of the necessary quorum the General Meeting did not discussed the matters of the agenda nor proceeded to decide on them, according to article 29 par. 4 of C.L. 2190/1920. These matters will be discussed in order to decide on them on A'' Iterative General Meeting that will be determined according to the law. After the decision of the Board of Directors as of 16/03/2007, the A'' Iterative General Meeting will take place on March 28, 2007.