Athens, December 31^st 2013

VOTING RESULTS OF THE EXTRAORDINARY SHAREHOLDERS MEETING

Following the corporate announcement of December 27^th 2013, EYDAP S.A.  announces the voting results on the agenda of the Extraordinary Shareholders Meeting: 

Issue 1 of the Agenda

Resolution on the no. Δ6/2476 Joint Ministerial Decision (GG 3065/03.12.2013-Second Issue), as it was finally reissued due to an error, regarding the determination of overdue debts concerning, on one hand the debts of the Greek State towards “EYDAP S.A.” relating to Infrastructure works, Construction works of Water Supply for Public Entities, Construction and Maintenance Flood protection works etc. until the 30th of June 2013, on the other hand the non-tax liabilities of “EYDAP S.A.” towards the Greek State for the time period of the 25th of October 2004 until the 30th of June 2013, consisting of the price of the raw water granted by the Greek State to “EYDAP S.A.” during the aforementioned time period and also regarding the amortization of both sides' other claims arising from their contract dated 9 December 1999, as well as the waiver of “EYDAP S.A.” of any other claim and appeal.

The General Meeting approved unconditionally by majority, by 78.36% of the paid up share capital, the stipulated in No Δ6/2476 Joint Ministerial Decision (J.M.D.) (GG 3065/03.12.2013-second issue), as it was finally reissued due to a mistake, amounts, regarding the determination of their respective claims between the Greek State and EYDAP S.A. and specifically:

a) Overdue debts of the Greek State to EYDAP from infrastructure works, water supply construction works on behalf of Public Entity, construction and maintenance of flood protection works etc, up to 30/06/2013, amounting to 113,199,696.12 euro, plus VAT amounting to 26,035,930.11 euro, plus amount of 1,935,021.25 euro (VAT included) and

b) Non-tax liabilities of EYDAP S.A. towards the Greek State, for the time period from 25/10/2004 to 30/6/2013, consisting of the price of raw water supplied to EYDAP S.A. from the Greek State for the same period and the other claims from both sides that arise from the contract of 09/12/1999, between the Greek State and EYDAP that are written off.

The Shareholders accepted unconditionally by majority, what the aforementioned J.M.D. determines, by 96.44% of the attendees, and decided their waiver from any other claim and appeal that the article 45 L. 4179/2013 (GG A ' 175/08-08-2013) determines.

Issue 2 of the Agenda

Various Announcements

There were no announcements