ANNOUNCEMENT

SUMMARY OF THE COMMON DRAFT TERMS OF CROSS BORDER MERGER THROUGH THE ABSORPTION OF THE GREEK SOCIETE ANONYMES UNDER THE TRADE NAMES “CORINTH PIPEWORKS HOLDINGS S.A.” AND “HELLENIC CABLES S.A. HOLDINGS SOCIETE ANONYME” BY THE BELGIAN SOCIETE ANONYME UNDER THE TRADE NAME “CENERGY HOLDINGS SA”