Resolution of the Board of Directors of HERACLES General Cement Company S.A. on 16.4.2004 by the Minutes No. 3080 Resignation of a member of the Board and appointment of a new member in replacement of the resigned one The Board of Directors accepted the resignation of Mr. Nikolas Mamoulis as member of the Board of Directors. In replacement of the resigned member and in order to complete the number of the members of the Board of Directors to be 9, according to articles 11 and 18 of the Company's Articles of Association as well as according to the relevant resolution of the Ordinary Shareholders Meeting of the Company, Mr. Eric Meuriot, executive of LAFARGE, Regional President "Eastern Mediterranean & Trading" Cement Division, was elected as member of the Board and for the remaining of Mr. N. Mamoulis" term in office, namely until the Ordinary Shareholders Meeting of 2006, which will judge the deeds of the fiscal year 2005. The election of the new member will be ratified by the first convened General Meeting (Ordinary or Extraordinary).