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FOLLI - FOLLIE S.A.
Decisions of General Meeting

July 8, 2008

The company announces that the 1st Adjourned General Meeting of the Shareholders that it was scheduled for today on 08/07/2008 did not take any decision due to lack of the quorum provided in the law and was cancelled given that the Annual General Meeting of June 19th 2008 decided upon the modification of the articles of assosiation, with respect to the authority of the Board of Directors to take a decision for the issuance of a common bond loan, instead of the General Meeting.

There were presents 48 shareholders holding the 45,64% of the sharecapital, namely 15.036.973 shares.




     




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