The issuing of one or more joint bond loans up to the amount of 13,5 mln € was decided today by the Extraordinary General Meeting of Kleemann's shareholders, which was held today with the participation of 74,72% of its share capital.

The loan will be issued according to the provisions of l.3156/2003 and for this purpose the General Meeting authorized the Board of Directors to determine the specific terms of one or more bond loans, including future renegotiations and amendments.

Through this decision, the administration of Kleemann aims at the restructuring of its existing bank loans by lengthening the repayment period as well as the reduction of its total bank loans.

It should be noted that the group of Kleemann currently has excellent capital structure, with net bank loans amounting to merely 7,2 mln euro, according to the financial data of the first half-year period of 2012.