Share Capital Increase and amendment of the Company’s Article of Association

At the Annual Ordinary General Meeting of the company’s shareholders which was held on Wednesday, December 3rd, 2008, at 16:00, at the company’s headquarters at Cyprus street 9 and Idras of Mochato, Attica, attended in conformity with the law either in person or by proxy 86 shareholders, representing 35.925.974 common shares of the total 60.617.358 common shares, equal to the percentage 59.26% of the Company’s paid-up share capital approved unanimously,

a) the Share Capital Increase at the amount of € 84.864.301,20 with the capitalisation of extraordinary reserves, aa) of previous financial years extraordinary reserves, amount of € 54.555.622,20 and bb) part of the extraordinary reserve of the fiscal year 2007/2008 amount of € 30.308.679 which is included to the account “retained earnings” of the published Financial Results according to IFRS . The Share Capital increase will be accomplished with the issuance of 60.617.358 new bonus shares, of nominal value € 1.40 each. After the Share Capital Increase the company’s capital will reach the amount of € 169.728.602,40 and will be divided to 121.234.716 common shares of nominal value € 1.40 each.


b) and the relevant amendment of the Company’s Article of Association (article 5 par A’).