April 11, 2008 As specified by the Hellenic Capital Market Commission, the Company informs the investors that:
In March 2008, Eurodrip Traiding (CIS) Ltd, a fully owned subsidiary company of Eurodrip SA, has submitted a liquidation application for Agriproject SRL, of which the company holds 85 per cent. As a result, Agriproject SRL may only recover claims, and can no longer conduct trading activities.
Therefore, in order to better inform the investors, even though this is not required by IFRS 5, it was considered timely to present the results of this company in a separate column, as discontinued operations for the year 2007 and, consequently, for the comparative results of 2006.
The Company also informs the public that the financial statements for the year 2007 are completed as regards the notes 8 cash and cash equivalents, 17 liabilities to personnel and 19 related party transactions, and are posted on the Company's website, at www.eurodrip.gr. These completed notes were approved by the BoD on 9/4/2008.