In accordance with article 2(2e) of the Decision No. 3/347/12.7.2005 of the Board of Directors of the Capital Market Committee, the company "METAL CONSTRUCTIONS OF GREECE S.A." announces the new composition of its Board of Directors that has been decided during its meeting dated 15th May 2006 following resignation of Mr. Evangelos Mytilineos and election of Mr. Filippos Zotos. Afterwards, the BoD was fully formed on the same day, comprising of the following members;
1. Ioannis Mytilineos, Chairman (Executive member)
2. Nikolaos Bakirtzoglou, Vice-Chairman (Non-executive member)
3. George Pallas, Member & Managing Director (Executive member)
4. George Economou, Member (Executive member)
5. Filippos Zotos, Member (Executive member)
6. Joseph Avayanos, Member (Independent, non-executive member)
7. Ioannis Antoniadis, Member (Independent, non-executive member)

The BoD's service will expire on 30.06.2007, a date when its service would expire anyway regardless of the substitution of the member that has resigned. The election of the new member Mr. Filippos Zotos to replace the member Mr. Evangelos Mytilineos that has resigned has already been approved by the Ordinary General Meeting of the Company dated 16.5.2006.