June 2, 2006 According to the Law and the Corporate Charter the Board of Directors of "PHOENIX METROLIFE COMMERCIAL GENERAL INSURANCE COMPANY S.A.", invites the Shareholders to the Annual Ordinary General Meeting on Friday June 30, 2006, at 14:00 p.m, at the General Meetings hall of the Emporiki Bank, in Athens, 11 Sofokleous str., 3rd floor, in order to discuss and decide on the following issues of the daily agenda:
ISSUES OF THE DAILY AGENDA
1. Approval of the Board of Directors' and Auditor's Reports on the Annual Financial Statements for the fiscal year 2005
2. Approval of the Annual Financial Statements for the fiscal year 2005.
3. Approval of election and election of BoD Members in replacement of Members who resigned.
4. Release of the members of the Board of Directors and the Auditors from any compensation liability for the fiscal year 2005.
5. Approval of fees for the members of the Board of Directors, for the fiscal year 2005 and pre approval of their remuneration for the fiscal year 2006.
6. Election of ordinary and deputy Certified Auditor for the financial statements of the fiscal year 2006 and definition of their fees.
7. Granting permission, according to article 23 par. 1 of Law 2190/1920 and to the company's Charter, to the Members of the BoD and to the Managers of the Company.
8. Approval of dividend payment to customers of the Life Insurance class of business holding insurance contracts with participation in profits.
9. Measures to improve the company's financial status (article 47-C.L. 2190/1920).
10. Miscellaneous approvals - Announcements.
According to the Law and the corporate Charter, shareholders holding at least one (1) share either have the right to participate and vote in person or by proxy at this Meeting.
In order to attend the General Meeting shareholders should:
If their shares are dematerialized and are not kept in the Special Account, they should block the total or part of their shares – through their Broker in the Dematerialized Securities System (D.S.S.) – and submit to the company (2 Omirou street, 4th floor) the related Blocking of Shares Certificate at least five (5) days prior to the General Meeting.
If their shares are dematerialized and these are kept in the Special Account, these should be blocked, either in total or in part, with the Central Securities Depository, and submit to the company (2 Omirou street, 4th floor) the related Blocking of Shares Certificate at least five (5) days prior to the General Meeting.
If their shares are not dematerialized, they should submit the certificates or their shares' titles, at least five (5) days before the General Meeting to the company (2 Omirou street, 4th floor) or to the Depository and Loans Office or to any other Bank in Greece.
Within the same deadline shareholders should submit to the company the receipts for the blocking of their shares as well as the proxies documents.
Athens, May 29, 2006
The Board of Directors
CHAIRMAN OF THE BOD
LEONIDAS ZONNIOS
