GERMANOS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY OF ELECTRONIC - TELECOMMUNICATION MATERIALS AND TELECOMMUNICATION SERVICE PROVIDER with the distinctive title GERMANOS SA SA Reg. No. : 20523/06/Β/89/45 DECISIONS ON THE DAILY AGENDA ISSUES OF THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING ON 25/08/2006

On August 25th, the Extraordinary General Shareholders Meeting of the company "GERMANOS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY OF ELECTRONIC - TELECOMMUNICATION MATERIALS AND TELECOMMUNICATION SERVICE PROVIDER", with the distinctive title GERMANOS SA and SA Reg. No. : 20523/06/Β/89/45, convened and took place. Specifically, 123 duly+ 7 belated= 130 shareholders were present, representing a total percentage of 71.56% + 0.79% = 72.35%, corresponding to 59,019,515 (58,378,491 + 641,024) shares. The Company's General Shareholders Meeting decided on the daily agenda issues as follows.
Issue No1: The shareholders present, and specifically 33 shareholders of 40,044,830 shares and with as many votes, representing a percentage of 67.86% of those attending, approved: (a) the separation and offering of the sector of production, trade, imports, exports, wholesale & retail sale & assembly of any accumulator (battery) type, defense industry systems, autonomous energy systems & production of cables & telecommunication materials of GERMANOS S.A., together with the related and pertinent with the above asset and liability items, towards the societe anonyme with the company name "SUNLIGHT SYSTEMS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY OF DEFENSE, ENERGY, ELECTRONIC AND TELECOMMUNICATION SYSTEMS", according to the provisions of articles 1-5 of L. 2166/1993, (b) the relevant Financial Statement of GERMANOS S.A. as at June 30th 2006, (c) the Separation, Offering and Absorption Plan of the sector of production, trade, imports, exports, wholesale & retail sale & assembly of any accumulator (battery) type, defense industry systems, autonomous energy systems & production of cables & telecommunication materials of GERMANOS S.A., and (d) of the up to date actions, decisions, acts and statements of GERMANOS S.A.'s Board of Directors, their additions and assignees for the separation and offering of the aforementioned sector.
Ninety two (92) shareholders owning 1,303,976 shares and representing a total percentage of 2.2% voted against the above. The shareholder COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM, with 15,800 shares and as many votes and representing a total percentage of 0.03%, gave a blank ballot. Shareholders COSMOTE, TROWE, CALYON & GEG1 GENERAL ELECTRIC, with a total 17,637,359 shares and as many votes, representing a total of 29.91% of the attendees, did not attend the vote.
Issue No2: The shareholders present, and specifically 33 shareholders of 40,044,830 shares and with as many votes, representing a percentage of 67.86% of those attending, approved the Certified Auditor's-Accountant's Audit Report from the auditing firm Ernst&Young CERTIFIED AUDITORS-ACCOUNTANTS S.A., regarding the book value determination of the assets of the offered sector of production, trade, imports, exports, wholesale & retail sale & assembly of any accumulator (battery) type, defense industry systems, autonomous energy systems & production of cables & telecommunication materials of GERMANOS S.A., according to article 3, par. 2, verse (c) of L. 2166/1993.
Ninety two (92) shareholders owning 1,303,976 shares and representing a total percentage of 2.2% voted against the above. The shareholder COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM, with 15,800 shares and as many votes and representing a total percentage of 0.03%, gave a blank ballot. Shareholders COSMOTE, TROWE, CALYON & GEG1 GENERAL ELECTRIC, with a total 17,637,359 shares and as many votes, representing a total of 29.91% of the attendees, did not attend the vote.
Issue No3: The shareholders present, and specifically 33 shareholders of 40,044,830 shares and with as many votes, representing a percentage of 67.86% of those attending, authorized Messieurs Ioannis Karagiannis and Loukas Petkidis, acting jointly and/or individually, for the representation of GERMANOS S.A., regarding the execution of the Separation, Offering and Absorption Plan of the sector of production, trade, imports, exports, wholesale & retail sale & assembly of any accumulator (battery) type, defen se industry systems, autonomous energy systems & production of cables & telecommunication materials of GERMANOS S.A., with the receiving company "SUNLIGHT SYSTEMS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY OF DEFENSE, ENERGY, ELECTRONIC AND TELECOMMUNICATION SYSTEMS", as well as for any other relevant document and the implementation of any action and material action required or necessary for the completion of the aforementioned separation and offering.
Ninety two (92) shareholders owning 1,303,976 shares and representing a total percentage of 2.2% voted against the above. The shareholder COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM, with 15,800 shares and as many votes and representing a total percentage of 0.03%, gave a blank ballot. Shareholders COSMOTE, TROWE, CALYON & GEG1 GENERAL ELECTRIC, with a total 17,637,359 shares and as many votes, representing a total of 29.91% of the attendees, did not attend the vote.