The Ordinary General Meeting of the company ALFA ALFA HOLDINGS S.A., which convened on 18/08/2005, approved, unanimously, the following resolutions:

The annual financial statements (simple and consolidated) of the fiscal year 2004 (1.1.2004-31.12.2004), along with the relevant Board of Directors and Chartered Auditors? Reports.

The exemption of the Board of Directors Members and the Chartered Auditor from any compensation liability for transactions carried out during the fiscal year 2004.

The appointment of the auditing firm "BKR PROTIPOS AUDITING S.A." to carry out the audit of the fiscal year 2005.

The remunerations paid to the Board of Directors Members for services rendered during the fiscal year 2004.

The transfer of the registered offices of the company to the Municipality of Amarousion (4, Ap.Pavlou Str.-Athens, Greece), as well as the modification of the pertinent article of the Articles of Incorporation of the company.