The WATER SUPPLY AND SEWERAGE COMPANY OF THESSALONIKI S.A. announces that, according to article 19 par.2 of L.3556/2007, it plans to alter article 5 of its Statute by a decision of the Special General Meeting of its stock holders called on the 7th of November 2007, WEDNESDAY, 11.00 a.m. in THESSALONIKI, at THE STOCK MARKET CENTER, 16-18 Katouni Street. This alteration derives from the suggested Increase of Capital Stock as mentioned among the subjects under daily discussion of the Special General Meeting of the 7th of November 2007, the relative invitation for which is posted on the company website (www.eyath.gr). The alteration of the above mentioned article shall be as follows:
Article 5
CAPITAL STOCK 1. The Company's capital stock amounts to forty million six hundred fifty six thousand EUROS (40.656.000) and is divided in thirty six million three hundred thousand EUROS (36.300.000) stocks of nominal value EURO (1, 12) one euro twelve cents each.
2. The above total amount of the company?s capital stock has derived from the decision of the Special General Stock holders Meeting of the 7/11/2007, according to which capital stock was increased by twenty million three hundred twenty eight thousand EUROS (20.328.000) from the Account ?Balance Carried Forward? by issuing eighteen million one hundred fifty thousand (18.150.000) new common nominal stocks of nominal value one (1) EURO twelve (12) cents each, due to the capitalization of non distributed earnings.