Dromeas SA, announce that in implementation of decision of the General Meeting of shareholders in 12/05/2008, proceeded in the signature of not convertible loan of 3 million Euros, with bond-holder and lender, the COMMERCIAL BANK. The loan has seven years duration and its aim is :
α) financing of investments for the completion of new exhibition center in Athens. The new exhibition center is of unique architecture design. The new exhibition center will support the increasing activities of company in office and kitchen furniture. The opening will take place in the last three month of the current year.
b) financing of investments For the completion of the secont phase of the investment program, accordning L.3299/2004. The investment concerns the improvements of the aluminium unit, investment of 4 million Euros. The first phase has finished and certified.
c) For the decreasing of the short-term financing.