ELMEC SPORT A.B.E.T.E.

New Board of Directors,formed into a body

Following our announcement on 29/09/2008, and the resignation of Mr Sam Fais dated on 3/10/2008 from his position of independent non- executive director, Elmec Sport SA announces the new Board of Directors, as it was formed into a body, on its meeting on the 3rd of October 2008.
The composition of the new Board of Directors is as follows:
1.George Koutsolioutsos, Chairman
2.Efstratios Elissaios, Vice President
3. Emmanouil Zachariou,Chief Executive Officer
4.Dimitrios Koutsolioutsos, dependent executive director 5. Christos Hatziyakoumis, independent non- executive director
6.Theodore Katopodis, independent non- executive director
The company is represented by the signature of Mr George Koutsolioutos or jointly by the signatures of Mr Emmanouil Zachariou and Mr Efstratios Elissaios.