M.J.MAILLIS S.A. in order to inform sufficiently the investors, announces that the General Meeting of the Shareholders held on 21/05/2007 ratified the election by the Board of Directors, on 4th December 2006, of Mrs. Lito Ioannidou to serve until the expiry of its session as a non Executive - Independent Member replacing the resigned Member Mr. Konstantinos Kotsilinis and appointed, according to art. 3 par. 1 of Law Ν. 3016/2002, as independent members of the Board of Directors, apart from Mr. Sotiris Orestidis and Ilias Gounaris, also Mrs. Lito Ioanidou and Mr. Charalampos Stavrinoudakis.