BALAFAS CONSTRUCTION S.A. informs the investing public that the 1st Recurring Ordinary General Meeting of its Shareholders, which was scheduled for 18 August 2005, at 08:30 hours was adjourned, due to the lack of the necessary quorum required by the law and the Articles of Association of the company. Consequently, a 2nd Recurring OGM will take place within the legal deadlines, the invitation of which will be published promptly.