According to H.C.M.C.'s decision No 5/204/2000 article 2.2, and in reference to an article published on the electronic financial press on 22 October 2007, NIREUS S.A. would like to announce that, as it has been announced to the public on 28/9/2007, it has already decided to merge by acquisition its subsidiaries SEAFARM IONIAN S.A. ALPINO S.A. and A-SEA S.A. while it has also decided to spin off its confectionery business unit. NIREUS S.A. always aims to achieve cost rationalization and economies of scale in all of its business activities. In this context, the potential of starting similar procedures for merging by acquisition of KEGO S.A. in which NIREUS already holds 28%, is under consideration, nevertheless, the official bodies of the two companies have taken no such decision yet. The Group?s policy in the treatment of such published information is in line with the relative pertaining rules as set from the Capital Committee and the Athens Exchange authorities, thus done with ultimate responsibility, for avoiding any potential misinformation towards the public.