We  would like to inform you that  the Board of Directors at its  meeting on  March 29th 2012  ( minutes No 2804)  decided  not to fill the vacant  position  due to Tr.Koutalides’ death. The Board of Directors accepting the managing  Director‘s  proposal, elected  Mr Bernard  David , non executive  member,  as Chairman  of the BoD.

The formation of Composition of the new BoD is as follows:

Mr. BERNARD CHARLES MARIE DAVID: Chairman of the Board, Non-Executive Member
Mr. HARALAMPOS SOTIROPOULOS: Vice - Chairman of the Board, Non-Executive Member
Mr. FRANCOIS TURCOT: Managing Director, Executive Member
Mr. JEAN MARIE NAVARRO: Executive Director, Executive Member
Mr. DIMITRIS GEORGOPOULOS: Executive Director, Executive Member
Mr. DIDIER COLIN: Non-Executive Member
Mr. CHRISTIAN CELIN: Non-Executive Member
Mr. ALEXIOS ADAMOPOULOS: Non-Executive Member
Mr. GIAGOS CHARALAMBOUS: Independent, Non-Executive Member
Mr. PANTELIS MAVRODOPOULOS: Independent, Non-Executive Member