Space Hellas announces: According to the unanimous resolution of the Board of Directors dated October 27^th, 2011 the Board of Directors was re-constituted into a body, as follows.

1. Dimitris Manolopoulos, son of Spyridon, Chairman, executive member of the Board.

2. Paraskevas Drossinos, son of Dimitrios, CEO, executive member of the Board

3. Spyros Manolopoulos, son of Dimitris 1^st Vice-President, executive member of the Board.

4. Christos Bellos, son of Panagiotis, 2^nd Vice-President, non – executive member of the Board.

5. Giorgos Lagogiannis, son of Panagiotis, executive Member of the Board.  

6. Dimitris Houhoulis, son of Evaggelos, Independent Non-executive Member of the Board.

7. Lysandros Kapopoulos, son of Konstantinos, Independent Non-executive Member of the Board.

The term of office of the Board of Directors remains five (5) years, lasting till 30-6-2015..

Moreover, the Board of Directors re-delegated representation rights and competencies of the Company.