ΝΗΡΕΥΣ Α.Ε.

Disposal of fractional shares.

NIREUS SA informs investors that, with the Decision 25/17/09 of the Head of the Division of Research of the Hellenic Capital Commission, it was decided:
1. The authorization to NIREUS SA for the disposal of 2,935 fractional shares that resulted from the merge by absorption of KEGO SA. The merge was concluded on November 10, 2008, according to the resolutions of the General Meeting of September 19, 2008.
2. The appointment of CYCLE SECURITIES S.A. as the member of the Athens Stock Exchange to carry out the sale of the shares.
3. The disposal of the shares will take place on Monday, October 12, 2009, as defined in Article 2.3.6 of the Rules of the Athens Stock Exchange. The starting price for the sale of shares cannot be less than 2% from the closing price of the day preceding the disposal.
4. The Member must inform NIREUS SA, the Central Securities Depository and the Hellenic Capital Markets Commission for the outcome of the sale.
After the completion of the sale, the amount will be deposited to the Deposits and Loans Fund. NIREUS SA will make a new announcement, indicating the outcome of the sale and the process by which the beneficiaries may collect the corresponding available amount.