With the current announcement we inform you that according to the article No. 2 of the decision No. 3/347/12.07.2005of the Capital Market Commission, Mr. Ivan Jan Blanken, member of the Company''s Board of Directors, during the as of 27/03/2007 Board of Directors'''' meeting resigned from this status.
During this meeting (27/03/207), company''s Board of Directors, accepted Mr. Ivan Jan Blanken''s resignation and according to article 16 of the Company''s Article of association, elected on the position of the above resigned member Mr. Remko Mark Wessels as an executive member.
The above election referred to the remaining time of the tenure of the resigned member and is under approval from the forthcoming Company''s Shareholders General Meeting.
At the same time, Mr. Remko Mark Wessels will perform as Financial Director since 01/04/2007.
Furthermore, duties of Financial Accountant were assigned to Mr. Nikolaos Georgios Markakis, and duties of Chief Accountant to Mr. Ioannis Euthimios Adam.