02.07.2008

In accordance to article 2 par. 2(e) of Capital Market Commission decision no. 3/347/12.7.2005, as in force, IMAKO MEDIA S.A. announces the change to the Company’s BoD structure, following the resignation letters dated 02/07/2008 submitted by BoD members Mr. Konstantinos Koutsoumpelis, Mrs. Irini Kritikou and Mrs. Alexandra Katsadourou.  The Company’s Board of Directors convened on 02/07/2008, and after accepting the resignations of  Mr. Konstantinos Koutsoumpelis, Mrs. Irini Kritikou and Mrs. Alexandra Katsadourou, elected as new BoD members:  Mr. Panagiotis Solomos, son of Ioannis, Private Employee, replacing the resigned member Mr. Konstantions Koutsoumpelis, Mr. Dimitrios Argyropoulos, son of Athanasios, Private Employee, replacing the resigned member Mrs. Irini Kritikou and Mr. Georgios Vanis, son of Theodoros, Financial Consultant, replacing the resigned member Mrs. Alexandra Katsadourou.  Following the election, at the same meeting of 2nd of July 2008, the BoD was constituted as follows:

1. Petros Kostopoulos, son of Pantazis, executive member, Chairman and Chief Executive Officer
2. Maria Grapsa, daughter of Theodoros, executive member, 1st Vice-Chairman
3. Michalakis Karis, son of Christos, executive member, 2nd Vice-Chairman
4. Panagiotis Solomos, son of Ioannis, executive member, 3rd Vice-Chairman
5. Athanasios Papachristou, son of Konstantinos, executive member, Director
6. Dimitrios Argyropoulos, son of Athanasios, executive member, Director
7. Georgios Vanis, son of Theodoros, non-executive member, Director
8. Giorgos Pelekanakis, son of Dimitrios, independent non executive member, Member
9. Michail Tsibris, son of Rigas, independent non-executive member, Director
 
The election of the new members, Mr. Panagiotis Solomos, Mr. Dimitrios Argyropoulos and Mr. Georgios Vanis, in replacement of the reigned members,  Mr. Konstantinos Koutsoumpelis, Mrs. Irini Kritikou and Mrs. Alexandra Katsadourou, shall be confirmed by the next General Meeting of the Company.