ΙΜΑΚΟ ΜEDIA S.A.

S.A. Registry No. 34467/06/Β/95/24

INVITATION TO SHAREHOLDERS’ EXTRAORDINARY GENERAL MEETING

Pursuant to the law and the Company’ s Articles of Association, the Board of Directors convokes the Shareholders of the public limited company “IMAKO MEDIA MASS MEDIA S.A.” with the distinctive title “IMAKO MEDIA S.A." at an Extraordinary General Meeting of Shareholders on November 15th, 2007, Thursday at 16 p.m. at the Company’ s offices, 41-45 Marinou Antypa Street (N. Irakleio) for deliberation and decision making with regard to the following topics:

ISSUES ON THE AGENDA

1. Approval of appointment of a new member of the Board of Directors in replacement of a resigned member.
2. Election of a new Board of Directors.
3. Approval of lease agreements according to art. 23a of C.L. 2190/1920
4. Miscellaneous Announcements
In the above Extraordinary General Meeting all Company’ s shareholders are entitled to participate. Each share provides the right of one vote.

Each Shareholder wishing to participate in the above Extraordinary General Meeting must request from his/her account operator or from the Central Securities Depository the locking up of all or part of his/her shares and receive the relevant certification which he/she must deposit with the Company\rquote s cashier along with any proxy documents at least five (5) days before the Extraordinary General Meeting.

N. Irakleio, 19. October, 2007
The Board of Directors