According to article 278 of the Regulation of the Athens Exchange, the Company announces that the Extraordinary General Meeting of December 14th, 2005 was held at its headquarters with 40 shareholders being present representing a percentage of 70.58 % of the share capital.

The sole matter of the agenda concerned the issuance of a Bond Loan according to article 6 of Law 3156/2003 for an amount of USD 150 million and was approved with a voting percentage of 99.99% of the number of shares represented in the Meeting. In addition, the Board of Directors of the Company was authorized to negotiate the specific terms with the banking institutions and to attend to the procedural matters relating to the issuance of the loan.

The objective of the loan is the refinancing of the existing five year long term loan. The duration of the new loan will be five years with an option to be extended for a further two year period. The Arrangers of the loan will be the banks CITIBANK and BNP PARIBAS.