The Company wishes to announce that during the 2nd Repetitive General Assembly of its Shareholders, which took place on the 25th of September 2006, 14:00, at the company''s headquarters (5-7 Patroklou street, Marousi, Attika), and in which 12 shareholders were present or represented, covering a 39,22% of the share capital (15,892,759 shares), the following decisions were taken furhter to a discussion of the agenda issues:
For the first issue of the agenda, it was unanimously approved (by 15,892,759 votes out of a total of 15,892,759), a) a secession from the Company of the commercial sector of ferrous and non-ferrous metals and its integration to the joint-stock company named GENIKI SIDIREMPORIKI S.A. according to the clauses of law 2190/1920, of articles 1-5 of law 2166/1993, and based on the property of this sector, as it is reflected in the Financial Statement of 30.06.2006, b) the basic terms of the Contractual Plan of the Secession, and c) all relevant acts and actions of the Board of Directors.
Regarding the second issue of the agenda, there was a unanimous approval of the certified auditor''s - accountant''s report, mr. Alexandros Prokopidis (Reg. nr. 14511), concerning the verification of the property of the integrated sector and its financial statement of 30.06.2006.
As per the third issue of the agenda, it was unanimously decided to appoint a representative of the Company who will sing in front of the notary the integration contract of the commercial sector of ferrous and non-ferrous metals and any modification which shall be suggested by the relevant supervisory authorities, and any document necessary for the given transformation, as well as to take any needed action towards the realization of the General Assembly''s decision.
On the fourth issue of the agenda, it was unanimously decided, through a modification of article 2 of the Company''s statutes, to change the Comapany''s activity as follows: i) participation to the share capital of other companies, establishment of subsidiaries of any legal form, monitoring and administration of those businesses, as well as sale of the above stakes, ii) consulting and service providing towards any natural or legal person in the areas of organizing, managing, and administering businesses, risk management, information systems, financial management, as well as in tax and accounting issues, short-term and strategic planning including research, accumulation, processing, registering and maintenance of data and information, and their disposal with profit. iii) guarranty supply in favour of third party, natural or legal persons with which the company transacts, provided that this conforms to the Company''s goals, and iv) Real estate purchase, construction, and resale.