Such increase shall be effected with the issuance of 11.824.350 common registered, of a face value of 0,33 Euro each, and the bonus distribution to the company shareholders, in proportion one (1) new common registered for each one (1) old common registered share.

Following the above increase, the company's share capital amounts to 7.804.071,00 Euro, divided into 23.648.700 shares of a face value of 0,33 euro each.

On 08/07/2008 the decision of the Minister of Development bearing No. K2-8346 was registered in the Registrar of Sociétés Anonymes by virtue of which the amendment of the respective clauses of the company's articles of association was approved. The Board of Directors of the Athens Exchange in its meeting dated 17/07/2008 approved the admission to trading of the above bonus shares in the Athens Exchange.

By decision of the company's Board of Directors, it is stipulated that beneficiaries of the above increase shall be those who were shareholders of the company upon adjournment of the trading session of the Athens Exchange on 22/07/2008. Beginning the following business day 23/07/2008, the company shares shall be traded in the Athens Exchange without giving the right to participate in the above increase. Moreover, as from the same date the opening price of the company shares in the Athens Exchange shall be determined according to the Athens Exchange Rulebook.

The commencement of trading of the 11.824.350 new bonus common registered shares in the Athens Exchange is set out to be on 30/07/2008. As from the same date the above shares shall be credited in the DSS accounts of the beneficiary shareholders.

For further information, the shareholders may resort to the relevant document which is available as from 21/07/2008 both in hardcopy and in electronic form, and they can also contact the company's shareholder's service (tel. +3023410-38100, Mr. Anagnostopoulos George).

Kilkis, 21/07/2008
THE BOARD OF DIRECTOR