The Company announces that the Annual General Meeting of the Shareholders that took place on 14/06/2007, has taken the following decisions:
1. The financial statements of the company year 1.1.-2006-31.12.2006 as well as the reports of the Board and of the Auditors were approved.
2. From the amount reserved for the disposal of the net profits of the company, year 1.1.2006-31.12.2006, an ordinary reserve amounting to 485.990,67 euro, as well as the distribution of a dividend of 0,12 Euro per share, and the distribution of euro 250.000 to the members of the board, as per the item of the distribution list "Remuneration of the board of directors", have been approved. Beneficiaries of the dividend are share holders of the company holding shares at the closing of the Athens Exchange trading session of 04.07.2007. The payment of the divident will commence on the 13/07/2007 through the PIRAEUS BANK
3.For the year 2006 the amount of 250.000 Euro was approved to be distributed to the members of the Board of Directors as per the item of the distribution list "Remuneration of the board of directors", the allocation thereof will be made by the board of directors depending the on the services provided.
4.The Members of the Board of Directors and the Statutory Auditors-Accountants were released from any liability for the company year 1.1.2006-31.12.2006.
5. Mr. George Varthalitis was elected as ordinary auditor and Mrs. Chryssula Tsakalogiani was elected as substitute Auditor, both members of the BAKER TILLY HELLAS A.E. Their renumeration will be fixed according to the remunerations of S.O.E.L.
6. The following members have been elected.
Koutsolioutsos Dimitrios, Koutsolioutsos Georgios, Koutsolioutsou Cathrine, executional members, Papadopoulos Charalampos
Kouloukountis Elias, indepedent non executional members, and Matzavinos Zacharias and Tonio Law non executional members.
7. The matter was not discussed because there was no quorum and it was postponed at a later session.
8. General breifing has been made to the shareholders concerning the course of business of the company and its perspective.
On the abofe Annual General Meeting were present 128 shareholders representint the 48,47% of the total capital (15.970.178 shares).
On the above matters of the daily agenda the percentages of the present shareholders and the quorum are as follows:
Matter 1. 48,47% presents, 48,12% positive votes, 0,05% voted present and 0,3% voted abstain.
Matter 2. 48,47% presents, 48,47% positive votes.
Matter 3. 48,47% presents, 48,47% positive votes.
Matter 4. 48,47% presents, 48,45% positive votes, 0,02% voted present.
Matter 5. 48,47% presents, 46,55% positive votes, 1,92% voted against.
Matter 6. 48,47% presents, 46,55% positive votes, 1,92% voted against.
Matter 7. Postponed
Matter 8. 48,47% presents, 48,00% positive votes, 0,09% voted present and 0,38% voted abstain.