The Annual Shareholders Meeting on May 30, 2003 approved the following issues: 1.The dividend payment of Euro 0.50 per share for the fiscal year 2002. Eligible to receive dividends are shareholders of record on May 30, 2003. As of June 2, 2003, the shares of the company are traded on the ASE ex-dividend. The start date of payment will be shortly announced. 2.The new BoD of the company is the following: Vardis J. Vardinoyannis (President-Executive) Abdulhakim A.Al-Gouhi (Vice President-Executive) Panagiotis N. Kontaxis (Vice President-Non executive) George P.Alexandridis (Member-Non executive) Leonidas K. Georgopoulos (Member-Non executive-Independent) John N. Kosmadakis (Member-Executive) Petros T. Tzannetakis (Member-Executive) Omar S. Bazuhair (Member-Non executive) Farhan W. Al-Jabir Al-Boainain (Member-Non executive) Ali A.S.Al-Ghamdi (Member-Non executive-Independent) Ali A. Al Muhareb (Member-Non executive) Abdullah Mohammed Al Warthan (Member-Executive)