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CHIPITA INTERNATIONAL S.A.
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termination of CHIPITA INTERNATIONAL S.A shares
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September 1, 2006 CHIPITA INTERNATIONAL S.A. announces that on Thursday August 31st 2006 it was registered in the company's registry the decision of the Ministry of Development with reg. number K2-12504/31.08.2006, which approves the merger by absorption of the companies CHIPITA INTERNATIONAL S.A, GOODY'S S.A., GENERAL FOODS S.A., DELTA DAIRY S.A. and. by DELTA HOLDINGS S.A. from now on with the new name VIVARTIA. The same day it was registered in the company's registry of the Ministry of Development the deletion of CHIPITA INTERNATIONAL S.A. from the company's registry. By the end of the session of Ôhursday August 31, 2006 the trading of the absorbed CHIPITA INTERNATIONAL S.A shares will terminate. The shareholders of CHIPITA INTERNATIONAL S.A. by the end of the stock exchange session of Thursday August 31, 2006 will be entitled to the newly issued -due to the merger - shares of VIVARTIA by the agreed exchange rate, that is 1 share of CHIPITA INTERNATIONAL S.A. to 0,331901836 shares of DELTA HOLDINGS, with face value 2,33 EURO each. The shareholders of DELTA HOLDINGS maintain the number of shares that they already have, but with the new face value of 2,33 euro each, from 2,94 euro that it is worth today, while the share capital of VIVARTIA amounts today to 155.274.482,97 euros divided to 66.641.409 common shares of face value 2,33 euro each. The date that the accounts of the CHIPITA INTERNATIONAL S.A. shareholders will be credited with the new shares of VIVARTIA that will be issued due to the merger will be announced through the media.
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