Today, 29th of June 2001, the General Shareholders Meeting of our Company was held at the Center GAIA of Natural History Museum Goulandri.

During the General Meeting was ascertained the continuous and steady course of the Company to its mid-term targets, as well as, to its investment programs and its corporate plans. Most of these plans have been implemented, (e.g. like MARFIN COMM. project, the merger of KAFEESTIATORIA NEON by GRIGORIS MIKROGEVMATA) and others are still in progress such as the REAL ESTATE PROJECT at Kifissias Avenue of total amount of 20 billion GRD.

It was estimated, during the General Meeting, that at the current financial phase it is important not to affect the steady course of investment planning by weakening Company's cash flows and for this reason it was decided to fully reserve profits of 2000 and as a consequence not to distribute dividends.

Also, due to the current financial state, was decided the discussion and the settlement in future extraordinary General Meeting of issues such as the definition of bond loan terms, as well as, the distribution of free shares by capitalization of reserve funds.

Eventually, during the General Meeting was estimated that the current value of Company's share is much lower of the respective real value of the Company and even lower of its book value. For this reason, the Company decided that within the next year will exert its right for stock option purchase up to 10%, in price between 2-4,5 Euro.