Reorganization of the Board of Directors as a Body Corporate

According to article 2 of the Decision 3/347/12.7.2005 of the Hellenic Capital Markets Commission, it is hereby announced that the Board of Directors of the Company during its meeting dated February 28th, 2006 reorganized as a Body Corporate as follows:

Vardis J. Vardinoyannis  – Chairman and Managing Director, Executive Member

John V. Vardinoyannis – Vice Chairman, non executive member

Panagiotis Ν. Kontaxis – Vice Chairman, non executive member

John N. Kosmadakis – Deputy Managing Director, Executive member

Petros Τ. Tzannetakis – Deputy Managing Director, Executive member

Demosthenes N. Vardinoyannis – non executive member

Nikos Th. Vardinoyannis – non executive member

George P. Alexandridis – non executive member

George Th. Theodoroulakis – non executive member

Despina N. Manolis – non executive member

Konstantinos V. Maraveas – non executive / independent member

Leonidas K. Georgopoulos – non executive / independent member 

From the above members, Mr. Demosthenes N. Vardinoyannis (non executive member) was elected in the place of Mrs Irene – Caroline Kontoyannis (executive member) who resigned.

 

MAROUSSI, 1.3.2006

THE BOARD OF DIRECTORS