We would like to inform you that the Ordinary General Meeting of the Shareholders of IASO SA, which was convened today, May 23rd 2007, at 12.00 noon time at the Company?s offices, at Maroussi Attika, 37-39 Kifissias Avenue (Ground flour, new Hall) and at which were present or represented 263 shareholders, representing 21.361.583 shares and votes out of a total of 44.075.500 shares, i.e. a percentage of 48.40% of the capital share of the Company, resolved on the following issues:
1. On the first item of the agenda, the General Meeting approved with 17.955.292 votes (out of a total of 21.361.583), i.e. percentage 84.05% of the present voting shareholders, the Annual Financial Statements (Corporate and Consolidated) for the financial year that ended on 31.12.2006, as well as the Management Report thereon, drafted by the Board of Directors and the Chartered Auditor.
2. On the second item of the agenda, the General Meeting released the members of the Board of Directors from any liability for their actions during the financial year that ended on 31.12.2006 with 15.820.602 votes (out of a total of 21.361.583), i.e. percentage 74.06% of the present voting shareholders. During this voting, the members of the Board of Directors voted only with 2.304.334 shares, owned by them, while 2.134.690 shares, which had authorized members of the Board of Directors, abstained.
3. On the third item of the agenda the General Meeting unanimously resolved on the release of the Chartered Auditor from any liability for his actions during the financial year that ended on 31.12.2006, i.e. with a percentage of 100% of the present voting shareholders.
4. On the fourth item of the agenda the General Meeting unanimously resolved, i.e. with a percentage of 100% of the present voting shareholders, the distribution of dividend equal to 0.30 Euro per share. Beneficiaries of the dividend deriving from the profits of the financial year that ended on 31.12.2006 are the holders of company shares at the closing of the transactions in ATHEX on Thursday 24th of May 2007. Starting on Friday, 25th of May 2007, the share shall be traded without the right for payment of dividend for the financial year 2006. The payment of the divided shall take place through National Bank of Greece, starting from Monday, 4th of June 2007.
5. On the fifth item of the agenda the General Meeting elected unanimously, i.e with a percentage of 100% of the present voting shareholders, as ordinary chartered auditor for the financial year 2007 Mr. Konstaninos Petrogiannis, and as substitute Mr. Markos Fratzis, both members of SOL S.A and resolved also unanimously that their remuneration shall be defined by the Supervisory Council, as per the provisions of law.
6. The discussion on the sixth item of the agenda, in reference to the decrease of the share capital with a decrease of 1.00 Euro of the nominal value of the share, for the purposes of a proportional and real distribution of it to the shareholders, as well as in reference to the amendment of article 5 of the Articles of Association of the Company, was annulled due to the lack of the necessary extraordinary quorum, as per the provisions of law and the Articles of Association. The General Meeting, after a relevant suggestion by the shareholders, shall be held at a later stage and after the decision of the Capital Market Commission on the issues related to the resolutions of the after-postponement Extraordinary General Meeting of the Shareholders dated 11.04.2007.
7. On the seventh item of the agenda, the General Meeting unanimously approved, i.e. with a percentage of 100% of the present voting shareholders, the granting of permit, according to article 23§1 of C.L. 2190/1920, to the members of the Board of Directors and the Managers for their participation to the Board of Directors or the Management of subsidiary companies.