The company Con.Cardassilaris & Sons S.A. announces that the annual Ordinary Shareholders Meeting was held on May 17, 2006 at the company's factory, on 2nd km. of the ring road Schimatari - Inoi, in Schimatari, Voiotia, according to the license No Κ2-5128/6-4-2006 granted by the Ministry of Development, Department of Societes Anonymes. Shareholders representing 9,286,550 common registered shares and respective voting rights were present, equal to 42,36% of the Share Capital and voting rights of the company and deliberated on the following matters:
1. Approval of the company's Financial Statements and the relevant consolidated Financial statements for the year ended 31/12/2005, as well as of the relevant reports of the Board of Directors and the Auditors with a majority 100% of present voting rights, i.e. 9,286,550 votes.
2. The Board of Directors and the Auditors were discharged from any liability for the financial year 1/1/2005-31/12/2005 with a majority 100% of present voting rights, i.e. 9,286,550 votes.
3. The distribution of dividend for the year 2005 amounting to 0.08 euro per share, an amount free of all taxes. Eligible to receive dividend payment are shareholders of the company in the closing session of the Athens Stock Exchange on Friday, May 19th, 2006. The ex-dividend date will be Monday, May 22, the dividend payment date to the beneficiaries will be Monday, May 29 and the dividend will be paid through 31/12/2011. The payout will be made through the EFG Eurobank Ergasias Branch Network through 31/12/ 2011. Majority 100% of present voting rights, i.e. 9,286,550 votes.
4. Election of an Ordinary and a deputy Auditor for the year 2006 which will audit the company's financial statements (consolidated or not), with a majority 100% of the present voting rights, i.e. 9,286,550 votes. The auditors elected were from the auditing firm Grant Thornton SA.
5. The issuance of a common syndicated loan amounting up to 40,000,000 euro. The Board of Directors was authorized to determine and negotiate the special terms of the loan and to sign the relevant contract, with a majority of 94.90% of present voting rights, i.e. 8,813,001 votes over and 473,549 votes versus.
6. Pre-approved the fees from the profit of 2006 for the members of the BoD and authorized the BoD to determine the fees of each member separately, with a majority 100% of present voting rights, i.e. 9,286,550 votes.
7. Finally, the Shareholders were informed on the data of those from whom the company purchased own shares according to the decision of the Extraordinary Shareholders Meeting as of 15/11/2004 and for the period from 23/12/2004 till 15/11/2005.