The Greek Organization of Football Prognostics S.A. (OPAP S.A.) announces that according to article 4.1.3.3. of the Athens Exchange Regulation, that the 5th Extraordinary General Meeting of the Company's Shareholders was held on Wednesday, December 30th, 2009 at 12:00, following an initial session on 18 December 2009. The General Meeting was attended in person or by proxy by 329 shareholders representing 171.712.417 shares, out of a total of 319.000.000 shares, namely 53.83% of the total share capital of the Company.
The Extraordinary General Meeting resolved upon the following:
1. Ratified the election of Mrs Marina N. Massara as member of the Board of Directors in replacement of the executive member Mr. Nikolaos D. Pavlias, for the remaining term of office, pursuant to C.L. 2190/1920 and article 14, paragraph 1 of the company's Articles of Association.
2. Elected the new members of the Board of Directors of OPAP S.A. as follows:
Charis K. Stamatopoulos, member of the Board
Ioannis N. Spanoudakis, member of the Board
Venetsanos I. Rogakos, independent non executive member of the Board
Panagiotis D. Vrionis, independent non executive member of the Board
George K. Kiriakos, independent non executive member of the Board
Dimosthenis I. Archodides, non executive member of the Board
Marina N. Massara, member of the Board
Panagiota D. Papadopoulou, member of the Board
Efthalia E. Siamani, member of the Board
Nikos S. Sofokleous, member of the Board
Chrisi T. Hadji, member of the Board
3. According to article 37 of the Law 3693/2008, an Audit Committee was constituted by the following BoD members:
Venetsanos I. Rogakos, independent non executive member, as Chairman of Audit Committee
Dimosthenis I. Archodides, non executive member, as member of the Audit Committee
Chrisi K. Hadji, member, as member of the Audit Committee
4. Granted permission, pursuant to article 23, paragraph 1 of the C.L. 2190/1920, to members of the Board of Directors and Officers of the Company's Departments and Divisions to participate in the Board of Directors or in the management of Group's companies and their associate companies for the purposes set out in article 42e paragraph 5, of the C.L. 2190/1920, as it stands today.
5. Granted authorization and power of attorney to Mr. D. Panageas, Legal Advisor of OPAP S.A. and Mrs V. Panousi, Layer of OPAP S.A., to submitting for approval and publication, to the Ministry of Finance, Competitiveness and Shipping, General Directorate of Trade- Societe Anonyme and Credit Department, the Minutes of the 5th Extraordinary General Meeting.