We announce to you that the Annual Ordinary General Assembly of the shareholders of IASO S.A., that took place today on the 30th of June 2006, at 11.00 a.m. at the offices of the Company, where 751 shareholders were present by themselves or through a proxy, representing 34.773.689 shares and votes, namely percentage 78.90% of the share capital, decided on the following:
1. Approved the Annual Financial Statements (corporate and consolidated) concerning the financial year that ended on 31.12.2005 and the related Reports of the Board of Directors and the Auditor, as well as the Report on the transactions of the Company with its related enterprises, according to article 2 par. 4 of L. 3016/2002.
2. Released the members of the Board of Directors from any compensation liability on acts performed the year that ended on 31.12.2005. On the relevant vote the members of the Board of Directors voted corresponding to the number of shares each owned.
3. Released the Auditor from any compensation liability on acts performed the year that ended on 31.12.2005.
4. Decided the distribution of dividend of the amount of 0,20 euro per share. Beneficiaries of the dividend, deriving from the earning of the year that ended on 31.12.2005, are the holders of shares at the end of the ATHEX Assembly of Wednesday 19 July 2006. Starting on Thursday, 20 July 2006, the share will trade without the right for dividend payment on the year 2005. The distribution of dividend will occur through the National Bank of Greece and will start on Thursday, the 27th of July 2006. The Board of Directors will directly issue a detailed announcement, in order to inform investors.
5. Elected as ordinary Auditor for the financial year 2006 Mr. Konstanino Petrogianni and as substitute Mr. Marko Franjesco, members of SOL S.A. and decided that their remuneration will be set by the Supervisory Board according to law.
6. Decide the increase of the share capital of the Company of amount 26.445.300 euro by reserves capitalization (previous financial years earnings) accompanied by an increase of the nominal value of each share by 0.60 euro, namely from 0.93 euro to 1,53 euro, as well as the relevant amendment of article 5 of the Articles of Association of the Company.
7. Approved the granting of permission, according to article 23 par. 1 of C.L. 2190/1920, to the members of the Board of Directors and the Managers regarding their participation on the Board of Directors or the Management of subsidiary Companies.

Finally, after the relevant request by shareholders representing more than 5% of the share capital, the discussion and the decision taking on the 8th matter of the agenda, regarding the election of a new Board of Directors, was postponed for Wednesday, the 12th of July 2006, at 11 a.m. at the same location.