EUROMEDICA S.A., pursuant to Law no 3371/2005 and the Regulation of the Athens Stock Exchange, informs investors that the company's Board of Directors and the Boards of Directors of GENERAL CLINIC OF THESSALONIKI S.A., of MEDICAL INSTITUTION OF HIGH TECHNOLOGY OF CRETE S.A. and of MEDICAL INSTITUTION OF HIGH TECHNOLOGY OF WESTERN MACEDONIA S.A., at the meeting held on September 28, 2007, resolved the acquisition of GENERAL CLINIC OF THESSALONIKI S.A., of MEDICAL INSTITUTION OF HIGH TECHNOLOGY OF CRETE S.A. and of MEDICAL INSTITUTION OF HIGH TECHNOLOGY OF WESTERN MACEDONIA S.A. by EUROMEDICA S.A., pursuant to the provisions of Codifying Law no 2190/1920 and Law no 2166/1933, as these are in force. The 30th day of September was fixed as the date for the transformation.
The Boards of Directors of the acquired companies shall assign to Certified Auditors BDO Protypos Elegktiki S.A. the drawing up of the relevant report for the ascertainment of the book value of the assets, of the transformation balance sheets. Furthermore, the Boards of Directors of the companies involved shall assign the valuation of the companies to a financial consultant, in order to determine the exchange ratio between EUROMEDICA S.A. and the three acquired companies.
The merger is held under the condition of the approval by the competent corporate bodies and by the competent authorities, as prescribed by the law.