S&B Industrial Minerals SA announces that the negotiation of the Company''s 197,335 new, ordinary, registered shares with voting rights, which resulted from the increase in the share capital by Euro 197,335, will start in the Athens Stock Exchange on December 29, 2006. This share capital increase has resulted from the exercise, by 54 senior executives, in total, of stock option rights:
- 4 persons (for the year 2006), 1.035 shares, at an exercise price of Euro 8.91, according to the Annual General Shareholders Meeting decision dated 01.06.2006, as well as the Board of Directors decision dated 06.12.2006
- 30 persons (for the year 2005), 27.350 shares, at an exercise price of Euro 5.35, according to the Annual General Shareholders Meeting decision dated 22.06.2005, as well as the Board of Directors decision dated 06.12.2006
- 39 persons (for the year 2004), 41.340 shares, at an exercise price of Euro 5.48, according to the Annual General Shareholders Meeting decision dated 02.06.2004, as well as the Board of Directors decision dated 06.12.2006
- 44 persons (for the year 2003), 68.920 shares, at an exercise price of Euro 6.11, according to the Annual General Shareholders Meeting decision dated 11.06.2003, as well as the Board of Directors decision dated 06.12.2006
- 23 persons (for the year 2002), 58.690 shares, at an exercise price of Euro 6.19, according to the Annual General Shareholders Meeting decision dated 12.06.2002, as well as the Board of Directors decision dated 06.12.2006
The above mentioned increase, which does not constitute amendment of the Articles of Association, has been decided and certified by the Company''s Board of Directors on 06.12.2006, and recorded in the Register of Societes Anonymes with the K2-16977/08.12.2005 and K2-16977(2)/08.12.2005 Ministry of Development decisions and approved by the Athens Stock Exchange decision dated 21/12/2006. The new shares will be deposited in the investor and securities accounts in the Dematerialized Securities System (D.S.S.) on December 29, 2006. From the above mentioned date, the opening price of the shares in the Athens Stock Exchange will be formed according to Athens Stock Exchange Regulation. Copies of the document L.3401/2005 (article 4) are available, since 11.12.2006, at the offices of S&B Industrial Minerals S.A. in 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528 or from our website (http://www.sandb.com). For further information you may contact the Shareholder s Department (working days and hours) at at the offices of S&B Industrial Minerals S.A. in 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528, Mrs Ilia Bardani, tel.: 210 6296153