By decision of the Board of Directors as of May 15th, 2008 and in accordance with law 2190/1920 "re: Societes Anonymes", and the companys Articles of Association, the shareholders of "SOCRATES D. CONSTANTINOU & SON S.A." are invited to the Ordinary General Meeting on Wednesday, June 25th, 2008 at 14:00 at the Companys headquarters in the Municipality of Echedorou, Thessaloniki, which is located at the 5th km of the Thessaloniki-Katerini National Highway, in order to decide on the following issues of the agenda:
1st Approval of the Explanatory Report of the Board of Directors and of the Auditors for the fiscal period and Approval of the Annual Financial Statements for the fiscal period between 1/1/2007 - 31/12/2007.
2nd Release of the members of the Board of Directors and the Auditors from every liability of indemnities for the fiscal period between 1/1/2007 - 31/12/2007.
3rd Approval of distribution of profits for the fiscal period between 1/1/2007 - 31/12/2007 and dividend payment.
4th Appointment of Auditors for the fiscal year 2008 and approval of their remuneration.
5th Ratification of the replacement of the resigned member of Board of Directors.
6th The election of the new members of the Board of Directors and the ratification of their duties as executive, non-executive and independent non-executive members.
7th The approval of the employment agreements of the BoD Members.
8th The approval of indemnity payment to Members of the Board of Directors.
9th The amendment of the Companys Articles of Association and alignment (i.e. by amendment, abolition, addition and renumbering of the relevant articles) thereof with the provisions of law 3601/2007, in relation to the adjustment such to Codified Law 2190/1920.
10th Miscellaneous announcements.
All Shareholders of the Company have the right to attend in the General Meeting, either in person or by proxy. Letters of procuration are available in electronic form online at the companys website (www.yalco.gr).
Shareholders who wish to participate in the Ordinary General Assembly should block all or part of their shares through their Operator broker(s) in the Dematerialized Securities System or (if their shares are in the Special Account of Dematerialized Securities System) through the company "Hellenic Exchanges S.A.", and submit the Share Blocking Certificate together with their statements of proxy to the companys offices at least five (5) days prior to the General Meeting.