During the General Meeting of Shareholders of the company ZITO LUKS AD, subsidiary of ELBISCO HOLDING S.A., the following decisions were taken:

1. Share Capital Increase of 994,000 euros, which will be covered within the following six months.

2. The General Meeting also elected the new Supervisory Board as follows:

Georgios Georgiou-Kostakopoulos, President

Sokole Ivanovski, Vice-President

Georgi Dimitrov, Member

Andreas Vavourakis, Member

Antonis Gourountis, Member

Moreover, according to the provisions of article 4, paragraph 1 of the decision 5/204/14.11.2000 of the Hellenic Capital Market Commission we announce the resignation of Mr. Ioannis Kavalieratos from the post of Vice-President and Deputy General Manager of the Board of Directors of the company ZITO LUKS A.D. Mr. Dimosthenis Ramadanis will take up his duties. We also announce that Mr. Sokole Ivanovski left from the post of B? Vice-President and will be replaced by Mr. Slavolioup Stanoevits.