"MARFIN INVESTMENT GROUP HOLDINGS S.A." hereby announces that the 1st Reiterative General Meeting of the Company's Shareholders was held on 9.6.2008, with 165 shareholders representing 50.173% on the company's share capital being present or represented thereat. During the General Meeting, the following resolutions were discussed and adopted on the sole item on the Agenda as follows:
Reduction of the Company's share capital through cash refund to the shareholders, with a respective reduction of the nominal value of each share. Further amendment of article 5 para. 1 of the Company's Articles. - It was unanimously resolved that the Company's share capital be reduced by the amount of 283,938,175.88 euros for the purpose of refunding same to the shareholders, with a respective reduction of the nominal value of each share by the amount of 0.38 euros, i.e. from 0.92 to 0.54 euros. After that, the Company's share capital will amount to 403,491,092.04 euros divided into 747,205,726 registered shares of a par value of 0.54 euros each. It was further unanimously resolved that a respective amendment be made on article 5 para. 1 of the Company's Articles.
Moreover, the Board of Directors was authorized to set the date and determine the procedure of payment of the amount to be refunded to the shareholders as a result of the reduction of the share capital, taking into consideration the Financial Agenda announced to investors, with any adjustments that may be required for practical or legal reasons. In case of alteration of the relevant dates of the Financial Agenda, a further announcement to investors will follow.