The General Meeting approved he following issues:

1.Τhe election of the members of the Board of Directors in replacement of the resigned ones, according to article 18 of the Company?s Articles of Association approved by the General Meeting.

2. The Managing Reports of the Board of Directors, as well as the Annual Financial Statements of the financial year 1.1. - 31.12.2003 approved by the General Meeting.

3. The Members of the Board of Directors as well as the Auditors were discharged by the General Meeting from any liability for damages whatsoever for the financial year 2003.

4. The General Meeting elected the Regular and Substitute Auditors, for the financial year 2004 and defined their fees.

5. The remuneration and compensations of the Members of the Board of Directors for the financial year 2003 and pre-approval of their remuneration by the Ordinary Shareholders' Meeting of 2005, as well as granting of permission for the conclusion of agreements with Members of the Company's Board of Directors were approved by the General Meeting.

6. The General Meeting, pursuant to article 23 paragr. 1 of the C.L 2190/1920, granted the permission to the Members of the Board of Directors and the Managers of the Company to participate in the Board of Directors' Meetings or in the Management of the Group's Companies, which pursue the same or similar goals.

7. Assignment of claims against George Tsatsos to the Greek State approved by the General Meeting.