The 2nd Repeat General Meeting of AoG's Shareholders was held on the 16th of June 2006 (12 p.m.) at the Company's registered offices in Athens (1, Sekeri Street). Ten (10) shareholders were legally present, representing 23,162,042 shares, i.e. 53.67% of the Company's registered share capital. The General Shareholders' Meeting approved by absolute majority the initiation of a stock put option program addressed to its staff and members of the BOD and according to the provisions of article 13 par. 9 of 2190/1920, with the following terms: The Board of Directors will be able to issue put option certificates within the next three to five years - the exact period shall be decided by the BOD. The rights shall be exercised at a BOD designated price, which shall not be higher than 80% of the average stock market price for the six-month period before the approval of the issue of the rights. Beneficiaries shall be the Company's executives, BOD members and the rest of the employees having completed a certain minimum previous service at the Company and based on specific criteria, which shall be decided by the BOD. The maximum number of shares, which the Company shall issue as part of the stock put option program, will be 3% of its total number of shares. The General Shareholders' Meeting authorized the Company's BOD to specify the terms of the put option program and to take any necessary action in order to implement the decision of the General Shareholders' Meeting.