HELLENIC FABRICS S.A. announces that, the Ordinary General Shareholders? Meeting held on May 14th 2009, elected a new Board of Directors, with a term of five years, until the first meeting of the new Board of Directors to be elected by the Ordinary General Shareholders? Meeting that will be called to approve the Financial Statements of the year 2013, within the first semester of the year 2014. Two independent members were nominated and namely Messrs. Michael Colakides and Rigas Tzelepoglou. The same Meeting has also appointed the company?s Audit Committee, consisting of three members and namely Mr. Christos Accas, Non-executive member of the Board of Directors, Mr. George Accas, Non-executive member of the Board of Directors and Mr. Rigas Tzelepoglou, Independent non-executive member of the Board of Directors. The new Board of Directors, during its meeting on May 14, 2009, was composed as a body as follows:
1. Christos Accas - Chairman of the BoD - NON-EXECUTIVE MEMBER
2. Michael Colakides - Vice Chairman - INDEPENDENT NON-EXECUTIVE MEMBER
3. John Accas - Managing Director - EXECUTIVE MEMBER
4. Narkissos Georgiadis - Deputy Managing Director - EXECUTIVE MEMBER
5. George Accas - Member of the BoD - NON-EXECUTIVE MEMBER
6. Rigas Tzelepoglou - Member of the BoD - INDEPENDENT NON-EXECUTIVE MEMBER