The Extraordinary General Meeting of the shareholders on 5/12/2005 will decide on the following amendments of the company's Articles of Association:
a) Article 5 par. 1, share capital decrease due to the cancellation of treasury stock,
b) Article 9, two Vice Chairpersons instead of one in the Board of Directors

More specifically the amendments are as follows:
a) At the end of par. 1 of Article 5 of the Articles of Association, the following is added:
Article 5 par. 1
By the resolution of the Extraordinary General Meeting of the shareholders dated 5/12/2005 which amended the Articles of Association, the share capital was decreased by the amount of 1.386.950 euros with the cancellation of 1.386.950 shares (treasury stock) in accordance with article 16, par. 12 of the Law 2190/20.

b) Article 9
1. In the first, after its election by the General Meeting of the shareholders, meeting of the Board of Directors, it is formed into a body, by electing among its members the Chairperson, up to two (2) Vice Chairpersons, and the eventually Managing or authorized Director by absolute majority.
2. The Chairperson, in case of non existence, absence or inability, is replaced by a Vice Chairperson or another Director, appointed by the Board of Directors.
3. The chairperson and in case of his non existence, absence or inability, the Vice Chairperson or the Director, appointed as mentioned above, convenes and runs the meeting of the Board of Directors