Press Release of the ATHEX Board of Directors

On its session on May 31, 2002 the Board of Directors of the Athens Stock Exchange approved the prospectus of the following company regarding the listing of its shares on the Athens Stock Exchange:

  • RAYCAP S.A., regarding the company's share capital increase and the listing of the company on the Parallel Market of the Athens Stock Exchange.

In accordance with the approved prospectus:

The company RAYCAP S.A. will distribute 2,510,000 new common registered shares as follows:
2,365,000 shares through IPO to the investing public and 145,000 through private placement. In addition, the company will distribute 620,000 existing shares through IPO.

On May 31, 2002 the Board of Directors of the Athens Stock Exchange approved the prospectuses of the following listed companies:

1.KLONATEX GROUP OF COMPANIES S.A. regarding the company's share capital increase through a rights issue.

2.ATTICA ENTERPRISES HOLDING S.A. regarding the issue of an exchangeable bond loan.

In accordance with the approved prospectuses:

1.The company KLONATEX GROUP OF COMPANIES S.A. proceeds to a company share capital increase by issuing:

  • 9,392,928 new common bearer shares with a preference right in favor of the existing shareholders of common shares and issue price of Euro 3.80, in terms of 3 new common bearer shares for 10 common shares held.
  • 3,130, 976 new common bearer shares with a preference right in favor of the existing shareholders of preferred shares and issue price of Euro 3.80, in terms of 2 new common bearer shares for 10 preferred shares held
  • 1,565,488 new preferred bearer shares with a preference right in favor of the existing shareholders of preferred shares and issue price of Euro 3.80, in terms of 1 new preferred share for 10 preferred shares held

2.The company ATTICA ENTERPRISES HOLDING S.A. proceeds to the issuance of a exchangeable bond loan traded on the Athens Stock Exchange, by issuing 3,500 bolds of a par value of Euro 10,000 each, exchangeable with shares of the company STRINTZIS LINES. The exchangeable bond loans is of three · year maturity.

On its session on May 31, 2002 the Board of Directors of the Athens Stock Exchange also approved:

  • The listing of 2,979,733 new common registered shares of the BANK OF GREECE

The Board of Directors of the Athens Stock Exchange was notified for:

  • The increase of the par value of the share of the company RIDENCO S.A. from Euro 0.2935 to Euro 0.30 and the change of the company's name to RIDENCO HOLDING S.A., trade name RIDENCO S.A.
  • The increase of the par value of the share of the company THE BANK OF GREECE from Euro 5.5759 to Euro 5.60
  • The increase of the par value of the share of the company VERNICOS YACHTS AND SHIPPING S.A. from Euro 0.68 to Euro 1.68
  • The increase of the par value of the share of the company P. PETROPOULOS S.A. from Euro 0.8804 to Euro 0.93