We notify you that today's Extraordinary General Assembly of Shareholders of PIRAEUS Real Estate Investment Company (PIRAEUS A.E.E.A.P.) has decided, inter alia, unanimously with 37,886,680 votes (percentage of 75.93%), out of a total of 49,898,000 shares, the increase of the share capital through capitalization of part of the at par surplus, and the issue of 4,989,840 new shares, and the free distribution to the company's shareholders in the ratio of 1 new share per every 10 old ones, with parallel increase in the nominal value of each share by Euro 0.13.