The company discloses that the new Board of Directors elected according to the decision of the Annual Ordinary Shareholders Meeting as of 14/06/2006 was formed into body. The new BoD is as follows:
1. Lavrentios Lavrentiadis, son of Vassilis, executive member, President and Managing Director of the company,
2. Grigorios Kyritsakas, son of George, non-executive member, Vice-President of the BoD (New member),
3. Theodoros Lytras, son of Sotiris, independent non-executive member of the BoD
4. Evaggelos Lytras, son of Sotiris, non-executive member of the BoD
5. Smaragda Liarmakopoulou, daughter of Dimitris, independent non-executive member of the BoD (New member).

Ms. Eleni Skoura, member of the previous BoD is no longer part of the new BoD. The Managing Director, Mr. Lavrentios Lavrentiadis represents and binds the company by signing under the corporate name. The term of the new Board of Directors ends on 13/06/2011.