DECISIONS OF THE A' REPEATED GENERAL SHAREHOLDERS MEETING

On 02/06/2008, Monday and at 16:00, the A’ Repeated General Shareholders’ Meeting of “GR. SARANTIS S.A.” took place at the company’s registered offices. During the General Meeting, shareholders representing 45,6% (17.488.342 out of 38.350.940 shares) of the company’s shares with voting right were present, and thus the company did not have the required by the law quorum and majority to make decisions on the daily agenda issue (amendment of the stock option plan). Therefore, the discussion and decision making on the aforementioned issue was postponed and will take place during a B’ Repeated General Shareholders Meeting at the same place on Wednesday, 18^th June 2008 at 17:00 according to the Company’s BoD decision as at 3/06/2008.