"ALUMIL - ALUMINIUM INDUSTRY S.A." administration announces that on the 14th of June 2010, the Company's Board of Directors and the Board of "ALUNEF S.A." adopted the Draft Merger Agreement by absorption of "ALUNEF S.A." by "ALUMIL - ALUMINIUM INDUSTRY S.A.", according to Article 78 of Law 2190/1920, and Articles 1-5 of Law 2166/1993. The Draft Merger Agreement will be disclosed within the next days, as it is prescribed by the Law.
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ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 28 subsidiaries, 22 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500 for its contribution to the European economy, ALUMIL Group sales surpassed € 209 m. in 2009, EBITDA reached € 16.9 m. Alumil is an associated member of the European Aluminium Association as a recognition of the Company's significant contribution to the field of design and production of architectural aluminium systems, and industrial profiles.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA,
Telerate (Bloomberg): GR - ALMY).
Filoktimon Vakalis | Group Investor Relations & Research
Tel: +30 2341079300 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com