The company Alapis S.A. discloses that on the session of the BoD on June 30th 2008, the independent non-executive members of the BoD Smaragda Liarmakopoulou and Grammatiki Arvaniti were resigned. Messrs Aristotelis Charalampakis and Nikolaos Karantanis were elected as new members of the BoD. The new Board of Directors was formed into body at the same session as follows:
1. Lavrentios Lavrentiadis son of Vasillis, Executive Member, President of the BoD,
2. Periklis Livas, son of Dimitrios, Executive Member, Vice-President of the BoD and Managing Director,
3. Maria Birbili, daughter of George, Non-Executive Member of the BoD,
4. Aristotelis Charalampakis, son of Ioannis, Independent Non-Executive Member of the Board of Directors,
5. Nikolaos Karantanis, son of Konstantinos, Independent Non-Executive Member of the Board of Directors.
The term of service of the new board ends on May 11th 2012.