The company NEOCHIMIKI L.V. LAVRENTIADIS S.A. discloses that following the resignation of the members of the Board of Director Messrs. Smaragda Liarmakopoulou and Grammatiki Arvaniti , the members Messrs Aristotelis Charalambakis and Loulou Mavraidi were elected to their replacement. The new Board of Directors was formed into body on Thursday 20th of December 2007 and is as follows:

1. Lavrentios Lavrentiadis son of Vassilis, executive member, President and Managing Director of the company,
2. Konstantinos Moutsos son of Andronikos non -executive member, Vice-President of the BoD
3. Ioannis Minaggias son of Dimitris, non-executive member of the BoD ,
4. Aristotelis Charalampakis, son of Ioannis, independent non-executive member of the BoD (New member),
5. Loulou Mavraidi daughter of Themistoklis , independent non-executive member of the BoD (New Member)

The Managing Director, Mr. Lavrentios Lavrentiadis represents and binds the company by signing under the corporate name. The term of service of the new Board of Directors ends on 13/06/2011.