ΝΗΡΕΥΣ Α.Ε.

Listing of the new shares of NIREUS resulting from the conversion of the Company's convertible bonds

NIREUS SA announces that on Wednesday, 12 August 2009, commences the trading of the new 18.105 shares resulting from the conversion 8.350 convertible bonds, issued on 12/7/2007, with conversion price 4,50574 euro and conversion ratio 2,16834 shares / bond.
The abovementioned increase of the share capital was certified by the NIREUS' Board of Directors, according to the resolutions of the General Meeting of 11/4/2007 and it was registered at the Companies' Registry with the relevant announcement No K2 7853/22.07.2009. Additionally, NIREUS' Board of Directors approved an amendment to the Company's Articles of the Association to incorporate the capital increase on 15/07/2009.
The Athens Exchange on 06/08/2009 approved the commencement of trading of the new 18.105 shares of NIREUS SA.
The new shares will commence trading in the Athens Exchange on 12/08/2009 and the new shares will be credited to the securities accounts of the beneficiary shareholders at the Dematerialized Securities System (DSS).
For further information, shareholders may contact Ms Maria Kotsovou, Investor Relations Manager, tel +30 210 66 98 335 - 373.