According to article 19 par. 2 of law 3556/2007, the Board of Directors of the Company announces its intention to propose to the General Meeting of the Shareholders the amendment of article 3 paragraph 1 of its Articles of Association due to the increase and decrease of the Company?s share capital by adding the following paragraphs:
"The Extraordinary General Meeting of 5th September 2008, resolved on the increase of the share capital by an amount of Euro 8.040.122 through the capitalization of a portion of the account ?Balance from the issuance of shares above par value? by increasing the nominal value of each share of the Company by Euro 0,20 per share. Thus, the nominal value of each share has been increased from Εuro 1,00 to Euro 1,20.
The same above Extraordinary General Meeting resolved on the decrease of the share capital by an amount of Euro 36.180.549 through a reduction of the nominal value of the shares of the Company by an amount of Euro 0,90 per share, i.e. the nominal value of the shares has been decreased from Euro 1,20 to Euro 0,30 per share, and return of an equal amount of capital to the shareholders in cash.
Following the above resolutions, the share capital of the Company amounts to Euro 12.060.183 and is divided to 40.200.610 shares of a nominal value of Euro 0,30 per share."