S&B Industrial Minerals (S&B or the Company), following the Announcement addressing the investing public on 27.11.2007 in the framework of the approved by the General Shareholders Meeting Stock Options Plan granted to top management executives, informs the public, with respect to the final guidelines following implementation of the Plan, about the issue price and number of shares disposed, the trading of which will be inquired from the Athens Stock Exchange as follows:
1. Out of a total of 52 executives as well as 19 executives of S&B s subsidiaries abroad who were entitled to Definite Stock Option Rights for the acquisition of Company s shares, 45 executives and 11 executives of S&B s subsidiaries abroad stated in writing to the S&B s Board of Directors their intention to exercise their Stock Option Rights.
2. This offer concerned 235.860 new ordinary registered shares of S&B, of a nominal price of euro 1 each, and 165.665 will eventually be issued.
3. The issue price of the new shares has as follows:
Plan Price Shares received Amount
2003 Plan 6,11 35.000 213.850,00
2004 Plan 5,48 53.920 295.481,60
2005 Plan 5,36 47.470 253.964,50
2006 Plan 8,91 23.525 209.607,75
2007 Plan 9,92 5.750 57.040,00
TOTAL 165.665 1.029.043,85
4. The deposit of the amount of the share capital increase in cash was concluded on 05.12.2007, amounted to euro 1.029.043,85. It was certified by the Company' s Board of Directors decision on 06.12.2007 and recorded in the Register of Societes Anonymes with the K2-17551/10.12.2007 and K2-17551(2)/10.12.2007 Ministry of Development decisions.
5. The Company s share capital, following the above increase, amounts to euro 30.876.660, divided to 30.876.660 common nominal shares of nominal value euro 1 each.
6. The Company will proceed to all legal action, according to the respective laws, so that the new shares will be listed for trading in the Athens Exchange.
Mr Sotiris Hatzikos, Chief Financial Officer of S&B Industrial Minerals S.A. is responsible for this information document and the accuracy of its content. 15 A.Metaxa Str., tel.: 210 6296152
Copies of the document are available at the offices of "S&B Industrial Minerals S.A." in 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528 or from our website (http://www.sandb.com).
For further information you may contact the Shareholder s Department (working days and hours) at at the offices of "S&B Industrial Minerals S.A." in 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528, Mrs Ilia Bardani, tel.: 210 6296153