The company GR. SARANTIS SA, following today''s decision of the Board of Directors and according to the article 16 of C.L. 2190/1920, announces its plans to proceed with a disposal of own shares previously acquired under the article 16 § 5 of C.L. 2190/1920 and following the decision of the Extraordinary Shareholders General Meeting that took place on 23rd February 2007.
Specifically, the company plans to dispose of a maximum amount of 300.000 (three hundred thousand) common shares, under the minimum price of 8,30 Euro (eight euros and thirty pence) per share and for the time period between 19/04/2007 to 18/05/2007.