• Investors Relations Officer
    Leontidis Epaminondas
    Tel.+30 210 6698225
    Fax +30 210 6627404
    e-mail n.leontidis@nireus.com
    Shareholders Relations & Corporate Announcements Officer
    Melioti Korina
    Tel.+30 210 6698224
    Fax +30 210 6627404
    e-mail k.melioti@nireus.com
    e-mail irodpt@nireus.com

Nireus S.A. - Announcement of General Assembly


The company’s Board of Directors hereby announces that during the company’s Extraordinary General Assembly which had been called for today, Thursday, 2-12-2004 at 12 noon at the company’s headquarters in Koropi, Attiki, it was not possible to achieve the legally required qualified quorum (2/3 of share capital) in order to make a decision to amend the company’s statute, given that the timely submissions of shares came to 37.30% of the company’s share capital. Therefore the company’s Board of Directors hereby calls a 1st Repeat Extraordinary General Assembly of the company, as follows: NIREUS SA REGISTERED OFFICE: KARDAMYLA CHIOS, S.A. REG. No. 16399/06/B/88/18 INVITATION of Shareholders to a 1st Repeat Extraordinary General Assembly According to the Law and the company Statute, and following a decision of NIREUS SA``s Board of Directors, due to non-achievement of the necessary legal qualified quorum during the Extraordinary General Assembly called for 2-12-2004, Shareholders are invited, according to the provisions of article 29, paragraphs 2, 3 and 4, C.L. 2190/1920 as valid, to a 1st Repeat Extraordinary General Assembly on Tuesday, December 14th, 2004, at 12 noon, at company offices, 1st km Koropiou-Varis Avenue, Koropi, Attica, and according to the special license granted on 9-11-2004 by the Ministry of Development, as determined by article 25, C.L. 2190/1920, as valid, to discuss and decide on the following matter: Agenda Item. Reduction of company share capital in accordance with the provisions of article 4, C.L. 2190/1920 in order to offset damages caused by the devaluation of investments, and increase of company share capital by the same amount, by capitalization of reserves from the “share premium account”, through a reduction of the nominal value of each share and an increase thereof by the same amount - amendment of article 5 of the company``s statute. According to the law and the company’s statute, in order to participate in the General Assembly, Shareholders and Shareholder representatives must request, by making a statement to their account manager or the Central Securities Depository, the partial or total blocking their shares, and then submit the relevant stock blocking certificate issued by the Central Securities Depository, together with the proxy documents in case of representation, to the company’s offices at the 1st km Koropiou-Varis Avenue and Dimokritou Street, Koropi, Attica, at least 5 days prior to the date of the General Assembly. (Shareholder Department, manager Ms Maria Labrinou, tel. 210-6698281, fax 210-6624926). Kardamyla, Chios, 2-12-2004 THE BOARD OF DIRECTORS The above call will be published tomorrow in daily political newspaper TA NEA, daily financial newspaper IMERISIA, Chios local newspaper PROODOS, and the SA & Ltd Companies issue of the GG.