Following art. 2 par.2e of the Decision of the Board of Directors of the Capital Market Commission, No. 3/347/12.07.2005, the company ELVAL, S.A. announces that, on 06.12.2007, the member of its Board of Directors Mr. Christos Emmanuel Dimitrakopoulos, withdrew from his position and Mr. Abraham Meyir has been elected, as provisional member of the Board.
As a result of the above the members of the Company's Board of Directors are:
1. John Panayiotopoulos, Chairman, executive member
2. Dimitrios Kyriakopoulos, Vice-Chairman, executive member
3. Konstantinos Katsaros, executive member
4. Konstantinos Bakouris, non executive member
5. Nicholas Koudounis, executive member
6. Andreas Kyriazis, independent, non executive member
7. Abraham Meyir, non executive member
8. Konstantinos Kouklelis, non executive member
9. Dimitrios Pavlakis, non executive member
10. Gerard Decoster, independent, non executive member
11. Reinhold Wagner, non executive member