In compliance with the provisions of Law 2190/1920 article 13 par. 13, NIREUS SA announces that the Board of Directors decided to amend article 5 of the Articles of Association of the Company by adding the following paragraph:
Article 5 (addition of new and last paragraph)
"Following the resolutions of the Board of Directors of 20.11.2007 and 5.12.2007 and as a result of the exercise of the rights of the stock option plan approved by the 1st Repetitive General Shareholders Meeting of 5.6.2006, there were issued 364.500 new ordinary shares each having a nominal value of 1,50 euros and an exercise price of 2,40 euros that were paid in cash. Thus the Share Capital increased by 546.750 euros and the Par Value Account was credited by 328.050 euros. Concurrently, it was decided that article 5 of the Articles of the Association would be amended to incorporate the aforementioned Share Capital increase.
Thus, the Share Capital amounts to 77.295.409,5 euros and is divided to 51.530.723 shares of nominal value 1,50 euros".