IASO S.A.

Announcement

The company IASO OBSTETRICS - GYNECOLOGY - SURGERY - DIAGNOSTIC - THERAPEUTIC AND RESEARCH CENTER S.A. announces that the Extraordinary General Meeting of Shareholders of 29/06/2007 decided the reduction of the Company?s share capital by the amount of 44.075.500 Euro, by reducing the nominal value of all shares by the amount of 1,00 Euro, that is to say from 1,53 Euro to 0,53 Euro per share, with the purpose of pro rata distributing to the Shareholders an equal amount to the reduction amount. After the aforesaid reduction, the company's share capital comes up to the amount of 23.360.015 Euro, divided into 44.075.500 common registered shares of nominal value 0,53 Euro each one of them. The Ministry of Development, by virtue of its decision no K2-10651 / 12.07.2007, approved the amendment of the relevant article of the Company?s Articles of Association. The Athens Exchange Board of Directors was informed about the reduction of the nominal value of the company?s shares during its meeting that took place on July 19th 2007. The reduction amount will be paid to the beneficiaries in cash, specifically; the beneficiaries will receive the net amount of 1,00Euro per share. Beneficiaries of the dividends will be the stockholders of the Company at the closing of the Athens Stock Exchange on July 24th, 2007 according to records kept by the Central Security Depository. July 24th, 2007 is also the last day that the shares are being traded with their old nominal value. On July 25th 2007 and onwards the company's shares will be trading in the Athens Exchange with their new nominal value of 0,53 Euro per share and without the right of participation in the capital return by payment in cash to the shareholders of the amount of 1,00 Euro per share. The Company's Board of Directors decided that the payment will take place through all branches of National Bank of Greece, starting from 03/07/2007 until 01/08/2008. The payment of the Operators (Depositories, Securities companies) on behalf of their clients will be made exclusively by the central branch of the National Bank of Greece, 6 Karageorgi Servias Str, Athens within the same period. After the above mentioned period has passed, the payment of the reduction amount to the beneficiaries, will be made only at the head office of the company, Maroussi Attikis (37 - 39 Kifissias Avenue, Persons in charge: Mrs. E. Zerva, Miss Ch. Skarmea, tel.: 210-61.84.176-7). In order to collect the reduction amount, the shareholders should have with them: a) their Identity Card, b) their Tax Identification Number c) the name of their Tax Office and d) a printout of their account with the Securities Central Depository of Athens. A third person has the right to receive the dividend, under the condition that he is duly authorized (the relevant authorization must contain the full data of the beneficiary and must also be attested by the Police or any other Public Authority). The operators of the beneficiaries? shareholders may also receive the reduction amount under the condition that they will submit a declaration of receiving right on behalf of their clients. In case of shares coming from inheritance, the shareholders shall apply to the company's Shareholders Department. For any further information, the Shareholders may contact the company?s Shareholders Department (tel.: 210-6184176-7, person in charge: Mrs. E. Zerva, Miss Ch. Skarmea), or the National Bank of Greece the Subdivision of Private Investors and Stock Exchange Custodian, 6 Karageorgi Servias Str. (Mr. M. Alvertis phone: 210 3340608,611, 613).