The Board of Directors of “JUMBO S.A.”, after taking into consideration that, at the Unscheduled Statutory General Meeting of the shareholders on 19.04.2006, the demanded shareholders’ quorum for adopting the required resolutions on all the items of the agenda, that represents the two thirds (2/3) of the paid share capital of the company, has not been present, has decided, according to the law and the Memorandum of Association, to convoke the first Repeating Unscheduled General Meeting on the third (3rd) of May of 2006, week day Wednesday and time 16:00, which will take place upon special approval of the Ministry of Development, away from the head office, at the company’s central offices at 9, Kyprou and Hydras str., Moschato, Attica and invites all the Shareholders in order to discuss and adopt resolutions on the same items of the agenda, i.e.: 1. Increase of the companys share capital by the amount of €44,452,729.20, through capitalization of the following reserves: (a) total extraordinary reserves of the amount of €41,033,060.66 and b) part of the difference arising from the issue of shares above par the amount of €3,419,668.54. The above increase will be carried out as follows: (i) For the amount of €30,308,679.00, through increase of the nominal value of the companys existing shares from €0.80 to €1.40 per share and (ii) For the remaining amount of €14,144,050.20, which includes the essentially capitalized amount of €624,535.78 of the extraordinary special reserve deriving from unpaid dividends, through issue of 10,102,893 new shares of the company having a nominal value of euro 1.40 each, which will be freely disposed to the beneficiary shareholders of the company at the proportion of two (2) new shares for ten (10) old ones. Amendment of the relevant article 5 par. A of the companys Memorandum of Association and its formulation into a unified text. 2. Relocation of the companys head office from the Municipality of Glyfada to the Municipality of Moschato, Attica and consequent amendment of article 2 of the Companys Memorandum of Association. 3. Extension of the companys term of operation from thirty (30) to seventy (70) years and amendment of article 3 of the companys Memorandum of Association. 4. Announcements and briefing to shareholders. All company shareholders are entitled to attend the Meeting and vote either personally or by proxy. Any shareholders wishing to attend at the above General Meeting should bind all or part of their shares, through their operator at the Intangible Securities System or directly at the Central Securities Depository (CSD), if their shares are at the Special Account, and receive a share binding certificate which must be deposited, along with any eventual representation documents, by 27.04.2006 at the companys Treasury in Moschato, Attica (9, Kyprou and Hydras str., Head of Shares department, Mrs Ekaterini Papaevangelou). Glyfada, 19 April 2006 The Board of Directors.