Athens, November 19^th 2012

RESOLUTIONS OF EXTRAORDINARY SHAREHOLDERS MEETING

EYDAP S.A.announces that its Repeat Extraordinary Shareholders Meeting was held today, November 19^th, 2012.  Present at the Extraordinary Shareholders' Meeting were shareholders of the 72.51% of the Company's share capital.   Τhe majority shareholder, ‘'Hellenic Republic Asset Development Fund'', holding 61.33% of the share capital,  elected the following two (2) members of the Board: Stylianos Stavridis and Eleftheria Karahaliou.

It is noted that the present Board of Directors comprises also the following members: Antonios Antonopoulos, Dionysios Asimakopoulos, Nikolaos Kogioumtsis, Georgios Kontoroupis, Antonios Kotsonis, Epaminondas Sklavenitis, the  representatives of minority shareholders, Panagiotis Skoularikis and Christos Mistriotis as well as the employees' representatives, Evaggelos Moutafis and Emmanouel Aggelakis.

Following the Extraordinary Shareholders' Meeting, the BoD convened to elect Mr. Stylianos Stavridis, as Chairman of the BoD and Chief Executive Officer of the Company.

Mr. Stavridis holds a Masters degree in Mechanical Engineering from ETHZurichinSwitzerlandand has pursued postgraduate studies in Business Administration and Economics. He speaks fluently English, French, German and good Italian and Spanish.

He has a long and successful career as a manager in top executive roles at leading companies and greek industries, such as “Lavipharm Group of Companies”, “Aigaion” textile industry, “Lafarge-Heracles” cement company, “Hellenic Petroleum” and “Hellenic Refinery of Aspropyrgos”.  Among other, his career includes extensive international activities in many countries, as well as intense activity in Associations and Chambers.