It is announced that the company, according to the para. 5 of the Article 1 of the Presidential Decree 82/1996 intends to participate either itself or as a Consortium member to the process of undertaking projects from the Public Sector that fall into the clauses of the Article 8 of the Law 3310/2005 as modified and supplemented by the Law 3414/2005 and the Presidential Decree 82/1996 as it is valid.
Specifically, the company intends to participate to the Enquiry DÕPM - 40605, announced by Public Power Corporation (PPC), for the project "Design, supply and erection of one ultra - high voltage substation 400 kV/150kV GIS type in Patra".
The submission date is the 17th April 2007.
The budget of said Enquiry amounts to Euro 25.000.000,00 (VAT excluded)
It is also announced by the company, that according to the clauses of the Article 8 of the Law 3310/2005, in combination to the Article 1 of the Presidential Decree 82/1996, as they are valid, the societies anonymes shareholders must submit to our company all data required by the above clauses that certify their conformity to these clauses regarding their nominal shares.
Finally, it is noted that non compliance of Societies Anonymes - shareholders of our company to the above, bears consequences provided by Article 2, para2 & 3of the above P.D. 82/96 about deprivation of the following: a) presentation and voting rights in the company''s General Meeting and b) of any kind of property rights derived by their shareholding, up to their full conformity to the above obligations.