May 16, 2006 As resolved by the Company's Board of Directors on the 16th Μay 2006, at its meeting no. 269 and in accordance with Codified Law 2190/1920 "re: Societes Anonymes" and article 15 of the Company's Articles of Association, the Shareholders of the Societe Anonyme under the tradename "FRIGOGLASS S.A.I.C." are invited to an Annual General Meeting, to be held at the Company’s seat in Kifissia of Attiki, which will take place at the Amphitheatre of GAIA centre at the Museum of Natural History, 100 Othonos Street, on Friday, 9 June 2006, at 11:00 a.m., with the following Agenda:
1) Submission of the Management Report by the Board of Directors and of the Audit Certificate of the Company’s Chartered Auditor-Accountant on the Company’s Financial Statements and activities for the fiscal year 2005 (1.1.2005 - 31.12.2005).
2) Submission and approval of the parent Company’s annual Financial Statements for the fiscal year 2005 (1.1.2005 - 31.12.2005) and of the consolidated Financial Statements.
3) Release of the members of the Board of Directors and of the Auditors of the Company from any liability for their activity during the fiscal year ended on 31.12.2005.
4) Approval of the remuneration of the members of the Board of Directors for their participation in the meetings of the Board of Directors and their services to the Company for the fiscal year 2005 (1.1.2005 - 31.12.2005) and pre-approval of remuneration for the fiscal year 2006 (1.1.2006 - 31.12.2006).
5) Election of Statutory Auditors for the fiscal year 2006 (1.1.2006 - 31.12.2006) and determination of their fees.
6) Approval of distribution of Profits (dividend) for the fiscal year 2005 (1.1.2005 - 31.12.2005).
7) Increase of the Company’s share capital through the capitalisation of a portion of the special reserve account "issuance of shares at a premium", increase of the share’s nominal value and amendment of article 3, paragraph 1 of the Company’s Articles of Association.
8) Decrease of the Company’s share capital by an equal amount, through the decrease of the nominal value of the share, in order to set-off losses resulting from the first application of International Financial Reporting Standards (Change of basis of accounting) and amendment of article 3, paragraph 1 of the Company’s Articles of Association.
9) Codification of the Company’s Articles of Association in a single text.
10) Election of new Board of Directors.
Shareholders wishing to attend the General Meeting, must deposit at least five (5) full days prior to the Meeting, the relevant blocking certificate from the Central Securities Depositary at the Company’s offices (15 A. Metaxa Street), in accordance with article 16 of the Articles of Association, together with the relevant proxy in case of representation.
