The Special General Assembly of the Company''s Shareholders took place on November 6, 2006, 14:00, at the hotel TITANIA (NIKI hall, EUROPA conference center), 52 Panepistimiou avenue, Athens, after receiving a permission from the Ministry of Development (nr. Κ2-14546/11.10.2006) to conduct it outside the Company''s headquarters. Legally present were 9 shareholders who represented 8,858,805 shares (a 70,87% of the share capital). The following decisions were taken on the issues of the agenda:
1. A new board of directors was elected. This is comprised of messrs Anastasios Deligiorgis, Ntinos Benroubis, Ioannis Desipris, Dimitris Diakopoulos, Chris Gavalas, Spiridon Nikolaidis, and Pantelis Karakostas. Messrs Nikolaidis and Karakostas were sworn as independent members.
2. Approved unanimously was the modification of the Company''s investment plan by euro 616 th., of which euro 293 th. are derived from the New Stock Market capitals. Τhe timetable for the realization of the business plan is extended by three (3) months - that is, up to 31/03/2007.
3. Approved unanimously was the supplement to the company''s activities and the modification of article 3 of its statutes with the following additions at the relevant paragraphs as follows: a) The study, development, construction, and exploitation of power stations for producing or co-producing electric power from renewable and thermal sources in Greece and abroad. b) Consulting and servicing any natural or legal person in the areas of organization, business administration, risk management, information systems, financial management, as well in tax and accounting issues, of short-term and strategic programming including the working-out of studies, the accumulation, processing, registering, and maintenance of data and information, and its distribution with profit. c) Participation to the share capital of other businesses of any legal type, and participation to joint-ventures with any natural or legal person in Greece or abroad, pursuing the same activities. d) Issue of guaranties or guaranteed credit in euro or other foreign currency in favor of third parties (natural or legal persons) with which it cooperates or participates, for the benefit of the company and its goals, and providing any kind of securities.
4. Pre-approved unanimously and according to the provisions of article 23a of 2190/1920 was the payment of the President and the independent members of the BOD for the rest of the current fiscal year.
5. Briefing on the Company''s course after the completion of its acquisition by MYTILINEOS GROUP S.A.