Maritime Company of Lesvos S.A. announces the resolutions of the Annual General Shareholder?s Meeting of the 24th June 2007, in which 75 Shareholders participated, representing 43.896.754 Shares (41,54%).During the Annual Meeting, the Shareholders discussed and decided on 7 out of the 8 items on the agenda:
Item 1: The company and consolidated Annual Financial Statements as well as the report of the Board of Directors and the Auditors, for the Fiscal Year 2006 were approved (43.892.974 votes, a majority of 100 %).
Item 2: The Board of Directors and the certified auditors were discharged from any responsibility for the Fiscal Year 2006 (40.729.143 votes, total number 40.776.724).
Item 3: The members of the Board of Directors fees for the Fiscal Year 2006 were approved and the fees of the members of the Board of Directors for the current Fiscal Year 2007 were pre-approved (43.892.974 votes, a majority of 100%).
Item 4: Shareholders present and voting, (43.892.974 votes, a majority of 100%), elected the Auditing Firm Moore Stephens for the auditing of the company for the Fiscal Year 2007, and decided on the audit fees.
Item 5: The execution of contracts according to article 23a of law 2190/1920 was approved (43.855.677 votes, a majority of 99,90%).
Item 6: There was no discussion or decision on the Issue no 6 of the agenda, which was postponed due to the lack of the necessary quorum required by the law and the articles of Incorporation. The Board of Directors decided that the Second Repeated General Meeting will take place on 09/07/2007.
Item 7: The Modification of the article 5 of articles of Incorporation of the Company was approved (43.892.974 votes, a majority of 100%).
Item 8: The Share Capital Increase (Euro 3.170.245,80) through the capitalization of reserves, issuing bonus shares that will be distributed to the shareholders at a ratio of 1 new share for every 10 old shares and the modification of the article 5 of the articles of Incorporation, were approved (43.892.974 votes, a majority of 100%).