According to the prevailing legislation as well as the Articles of Association of the Company "ALAPIS HOLDING INDUSTRIAL AND COMMERCIAL SOCIETE ANONYME OF PHARMACEUTICAL, CHEMICAL & ORGANIC PRODUCTS" with the distinctive title "ALAPIS SA", which is headquartered in the municipality of Athens (2 Aftokratoros Nikolaou st.) with No in the Register of S.A. 8057/06/B/86/11 (hereinafter the "Company") and based on the decision of the BoD dated August 8th 2008 (i) the convened on 6.8.2008 Extraordinary General Shareholders' Meeting (which did not take any decisions) as well as its subsequent repeat meetings, which were scheduled to convene on 19.8.2008 and 2.9.2008 respectively, are cancelled for formality reasons which are related to publicity codification purposes and (ii) the Shareholders are invited to the Extraordinary General Shareholders Meeting to be held on Wednesday, September 3rd, 2008, at 15:00 p.m. at the LEDRA MARRIOTT Hotel ("RHODES A and B " room), 115, Sygrou Avenue, Athens, with the following matters on the agenda:
1. Issuance of a convertible bond loan with the exemption of the pre emptive right to the Company's Shareholders, under article 13 par 10 of C.L. 2190/1920.Provide the authority to the Board of Directors to determine the specific terms of the issue and disposal of the convertible bond loan.
2. Approval of the election by the Board of Directors of Members of the Board of Directors in substitution of resigned members.
3. Renewal of the authority provided to the Board of Directors in order (i) to issue bond loan convertible into shares, pursuant to article 3a of C.L. 2190/1920 and (ii) increase the share capital pursuant to article 13 par 1 of C.L. 2190/1920, in part or in all, via the issuance of new shares up to the amount of the Company?s current share capital.
4. Changes and amendments of the Company's Articles of Association in order to adopt to the C.L. 2190/1920 (as is valid following its amendment pursuant to L. 3604/2007), and the amendment of article 1 of the Company's Articles of Association by the addition, annulment and renumbering of its articles as well as its reforming into a unified text.
5. Approval of the creation and / or amendment of contracts, under article 23a of C.L. 2190/1920.
6. Amendment - completion of the Company's Extraordinary General Shareholders Meeting decision dated 04.02.2008 regarding the acquisition of own shares, under article 16 of C.L.2190/1920.
7. Decision under dissemination of information by the company via the use of electronic means (article 18 L. 3556/2007).
8. Various - Several Issues.
At the Extraordinary General Meeting, all shareholders of the company have the right to participate and vote, either in person or via proxy. Each share carries the right to one vote.
In case of no-quorum, the Extraordinary General Meeting will take place at the same time on Monday September 15th, 2008 at the LEDRA MARRIOTT Hotel ("MELOS and POROS " room) . In case of no-quorum again, Extraordinary General Meeting will take place at the same time on Monday September 29th, 2008 at the LEDRA MARRIOTT Hotel ("DELOS and MYKONOS" room).
In order to participate at the Extraordinary General Shareholders Meeting, the Shareholders should block all or part of their shares at the Dematerialized Securities Systems (D.S.S.) through their operator and submit to the Company's premises (2, Aftokratoros Nikolaou Str., Athens) the relevant blocking certificate at least five (5) days prior to the date of the Extraordinary Shareholders Meeting. In case the shareholders have shares in the Special Account of D.S.S., they should block all or part of their shares by applying to the Hellenic Exchanges S.A. and submitting to the Company's premises (2, Aftokratoros Nikolaou Str., Athens) the relevant blocking certificate at least five (5) days prior to the date of the Extraordinary Shareholders Meeting. Within the same time constraints all proxy statements of the representatives participating in the Shareholders' Meeting should also be submitted to the Company. All of the above also apply in force in case of repeat General Meetings.