LIVANI PUBLISHING ORGANIZATION S.A. announces herewith that its Extraordinary Shareholders' General Meeting, which was held on 7.11.2005 approved unanimously the following resolutions:

1. The participation of the company in any type of advertising activities.
2. The increase of the number of BoD Members' , i.e. from five to seven Members and a corresponding modification of Article 13 of the company's Articles of Association.
3. The appointment of a new BoD of the company.