SPRIDER STORES A.E

ANNOUNCEMENT OF PLANNED AMENDMENT OF COMPANY'S ARTICLES OF ASSOCIATION

SPRIDER STORES S.A. announces that on the Ordinary General Assembly of the shareholders, which will be held on Monday, June 15, 2009, there will be a proposition concerning the amendment of article 3 of the company's articles of association, as follows:
The company's activity can be:
1.The production and trading of ready made garments, sportswear, swimming suits, shoes, leather products, fabrics, any kind of accessories and house ware. Importing and exporting the above products. Representing domestic or foreign houses, which produce the above or related products and the wholesale or retail sale in the Greek or international market. The acquisition, exploitation of any right, privilege and license of use of technical methods and brand name belonging to a third party necessary or useful for the goals sought by the company. Aiming at the above goals the company may participate in any kind of enterprise seeking the same and similar or not goals, under any corporate structure and (or) co - operate with them and provide any kind of guarantees in third parties on behalf of its subsidiaries or affiliates, as per the absolute judgment of the company's Board of Directors.
2.The construction and exploitation of real estate.