The decisions taken by BETANETs Annual General Assembly held on 22.06.2005 have as follows:

Item 1 : Approval of the published financial statements for the fiscal year 2004 along with the relative Board of Directors and Auditor's reports. The published financial statements were approved by the Annual General Assembly without any alteration or modification. The statements in question were submitted to the Athens Stock Exchange.

Item 2 : Approval of the consolidated financial statements for the fiscal year 2004 along with the relative Board?s and Auditor?s reports. The published consolidated financial statements were approved by the Annual General Assembly without any alteration or modification. The statements in question include, the companies BETANET S.A., EKAT ETAN S.A (100% participate) and SYPRO S.A. (25% participate).

Item 3 : Board Members' exemption from any compensation responsibility with regards to the actions of the fiscal year 2004. Following the provisioned voting procedure, the members of the Board were exempted from any responsibility with regards to the actions of the fiscal year 2004.

Item 4 : Approval of the appropriation account for the period 1.1-31.12.2004 and permission grant to the Board for its implementation. The appropriation account was approved along with the dividend payment of 0.14 per share amounting to 1.354.783,5 total. Beneficiaries to the dividend will be the investors holding BETANET's shares at the end of the Athens Stock Exchange trading on June 22nd, 2005 (Day of record). onwards the company's shares will trade at the Athens Stock Exchange without having any rights to the above-mentioned dividend. Divided payment will begin on Monday, August 8th 2005.

Item 5 : Approval of the Board Members salaries for the fiscal year 2004 and settlement of those covering the current fiscal year 2005. The salaries received by the Board Members for their professional activities during the fiscal year 2003, amounting to 188.692,23 (gross figure), were approved and they were distributed as follows:

Constantine Zavliaris, Chairman of the Board, 83.083,00 (*)

Evangelos Zavliaris, Vice-President & Managing Director 83.083,00 (*)

Haralampos Nianiakoudis, Member of the Board 22.556,23

Total: 188.692,23

(*) It is noted that the salaries that were aprooved from the prior General Assembly on 2004 were 140.000,00 for each one of Mr. Constantine Zavliaris and Mr. Evangelos Zavliaris.

Moreover, the Board Members' yearly salaries for the fiscal year 2005 were determined in advance as follows:

Constantine Zavliaris, Chairman of the Board, up to 160.000,00

Evangelos Zavliaris, Vice-President & Managing Director, up to 160.000,00

Haralampos Nianiakoudis, Member of the Board, up to 30.000,00

The Board's prospective Bonus Fees for the fiscal year 2005 were placed upon the judgment of the Board to be defined and distributed at the end of the year without exceeding two times the amount of each Member's monthly salary. Finally, with regards to the independent Board Members, the monthly salary determined in advance amounted to 300,00, the escalation of which was placed upon the Board's judgment pending on the independent Member's meeting participation.

Item 6 : Auditors' election and fee settlement for the fiscal year 2005. It is aprooved the appointment of the registered auditing firms EUROELENKTIKI S.A and S.O.L S.A to perform joinly annual auditing of company?s financial statements for the fiscal year 2005. The assigned members of the firms mill be Mr. Kassimatis Georgios (R.N 10841) and Mr. Zaharioudakis Mihalis (R.N 13191) and as substitutes Mr. Prokopidis Antonios (R.N 14511) and Mrs. Harou Maria (R.N. 15171) respectively. Their fees will be fit to the legal accounting fees.

Item 7 : Authorization to the Board Members and company?s Directors for carrying through corporate acts on behalf of third parties (L. 2190/1920, article 23, par. 1). The Board members and the company's directors were authorized to carry through corporate acts on behalf of third parties due to the fact that they are fully aware of the company?s interests and capable of promoting them.