NIREUS S.A. announces that the Board of Directors of the Hellenic Capital Market Commission approved, on June 6, 2007, the content of the prospectus for the rights issue (in cash through a public offer in favor of the existing NIREUS shareholders) as well as the convertible bond issue (in cash through a public offer in favor of existing shareholders) of an amount up to 19,995,575.00 euros. The share capital of the Company will increase up to 15,349,731.00 euros through the issue and offer of 10,233,159.00 new common shares of a face value of 1.50 euros per share and an offer price of 3.30 euros per share, at a ratio of 1 new share for every 4 old shares. The expected total amount of the two issues will reach up to 53,764,983.30 euros. NIREUS S.A will proceed with new announcements in the future according to the progress of this process.