ALAPIS SA announces that on 15/10/2010, it was completed the liquidation of 4,221 common registered shares of the Company, resulted as fragmental balances from the increase of share's nominal value from €0.30 to €2.40 with simultaneous decrease of number of shares from 1,961,200,440 to 245,150,055 common registered shares (reverse split), with the proportion of 1 new share for the replacement of 8 old shares, as this was decided on 28.05.2010 by the Shareholders Ordinary General Meeting and was approved by the decision of the Minister of Economic Development, Competitiveness and Shipping No. Κ2-5113/14.06.2010.
The final net result of the liquidation amounts to 6,524.07 euro that corresponds to 1.546 euro per every whole share. The aforementioned amount will be deposited to the Deposits and Loans Fund (Address, 40 Akadimias str. 10174 Athens, tel. 210-3694100) under company's name for the eligible shareholders, as declared at the HELLENIC EXCHANGES records as at 02/07/2010 (record date).
The eligible shareholders, in order to collect the appropriate amount from the Deposits and Loans Fund (the result from the liquidation of fractional right of one share) should contact the Shareholders Department at tel. 213- 0175000/-1, in order to receive the appropriate named Collection Certificate that will present to the Deposits and Loans Fund along with their identification card.