The company under the name "MYTLINEOS SA GROUP OF COMPANIES" hereby announces that its Board of Directors, at its meeting of 26.3.2008, resolved among other things: a) the establishment of a Remuneration Committee, comprised by Messrs. Evangelos Mytilineos (Chairman and Chief Executive Officer), Dimitrios Daskalopoulos (Independent - Non Executive Member) and Christos Diamantopoulos (Independent - Non Executive Member) and b) the re-constitution of the Audit Committee, which consists of Messrs. Ioannis Mytilineos (Vice-Chairman of the Board, Non Executive Member), Nicolaos Moussas (Non Executive Member) and Christos Diamantopoulos (Non Executive Member). In establishing the above committees, the Company adopts institutions dictated by the international corporate administration standards, aiming at the improvement of transparency and efficiency in the Company's operation.