Given that the requirements set out by the law have been fulfilled (article 78§2 of Common Law 2190/1920), the Boards of Directors of the Company (HELEX) and of the companies to be absorbed (CSD and ADECH) approved the merger and in particular, the transformation balance sheet of each company to be absorbed dated 31.12.2005 and the reports ascertaining the book value of the assets (assets and liabilities) of the companies to be absorbed dated 30.3.2006, the Draft Merger Agreement signed on 3.8.2006, whose contents will become the final Merger Agreement. Furthermore, members of the Boards of Directors of the companies to be merged were ordered to co-sign the final Merger Agreement by absorption, which is drafted by a notary public in accordance with the law (article 74 of Common Law 2190/1920) and in general to proceed with any legal act, action or statement, as necessary, in order to complete this merger, always within the framework and terms that are foreseen by the relevant decisions of the Boards of Directors. Following the above, approval for the merger is expected by the Capital Market Commission (art. 1(9) of Law 3152/2003) and, following this, by the Ministry of Development.