In accordance to the Law and the Articles of Association, the Board of Directors of the societe anonyme "Aegean Airlines S.A." invites its shareholders to the Ordinary General Assembly on Thursday, 12th June 2008, at 13.00 hrs, at its registered offices in Kifissia (31, Viltanioti str.), in order to discuss and take decisions on the following subjects of the agenda:
AGENDA
1. Submission and approval of the Annual Financial Statements and Annual Consolidated Financial Statements of the fiscal year 2007 (1.1.2007 - 31.12.2007), prepared by the Company, based on the International Financing Reporting Standards, along with the relative Management Report of the Board of Directors and the Audit Report of the Certified Auditors - appropriation of profits.
2. Decrease of the Company's share capital for the purpose of offsetting damages, by decreasing the nominal value of the Company's shares - amendment of article 3 of the Company's Articles (share capital) - codification of the Company's Articles.
3. Approval of the resolution of the Company's Board of Directors to amend the time schedule for the allocation of the acquired capital, as included in the Company's prospectus dated 6.6.2007 in relation to the introduction of its shares into the Athens Stock Exchange Market.
4. Release of the Board of Directors and the Auditors from any liability regarding their activities during the fiscal year 2007 (1.1.2007 - 31.12.2007).
5. Election of Certified Auditors for the fiscal year 2008 (1.1.2008 - 31.12.2008) and approval of their remuneration.
6. Approval of the remuneration paid to members of the Board of Directors during the fiscal year 2007 (1.1.2007 - 31.12.2007) and pre-approval of the remuneration of the members of the Board of Directors for the fiscal year 2008 (1.1.2008 - 31.12.2008).
7. Amendment, supplementation, abolition and renumbering of provisions of the Company's Articles (regarding article 3, par. 2 (e), par. 4 & par. 5, article 4, par. 2 & 3, article 6, par. 1, article 7, par. 3, articles 9, 13, 14, 17 par. 2, 4, 6 (c), (d) & (e), articles 19, 24 and 26 (b), for the purpose of complying with the provisions of L. 3604/2007 by virtue of which C.L. 2190/1920 was reformed - amendment of article 10 par. 2 of the Articles of Association - codification of Company's Articles in a new uniform text.
8. Approval of the scheme for the acquisition of own shares in accordance with article 16 of C.L. 2190/1920.
9. Approval of the resolution of the Board of Directors, regarding the election of a new member of the Board, replacing a member who resigned.
10. Other issues.
Shareholders wishing to participate in the above Ordinary General Meeting, in person or through a proxy and vote in it, should, in accordance with the Law, block the entirety or part of their shares through the Administrator of their account or through Central Securities Depository (Hellenic Stock Exchanges S.A.), and submit to the Company's registered offices at 31, Viltanioti str., Kifissia, (attn: Shareholders Office), at least five (5) days prior the General Meeting date, the relevant Certificate of Blockage, issued by the Central Securities Depository, or the relevant certificate issued by the Deposits and Loans Fund, or by any accredited bank in Greece or abroad, in relation to the blockage of shares by the Central Securities Depository, along with their representation documents (proxies).
Kifissia, 19.5.2008
The Board of Directors