Euroinvestment: AGM decisions – EGM approved continuance of operations

The Annual General Meeting of Euroinvestment & Finance Ltd held on Tuesday, May 18, 2004 at 5.00 pm at the Hilton Hotel in Nicosia reviewed the Directors’ Report and the financial statements for the year ended December 31, 2003, reelected Messrs. Demetrios Voukas, Yiannis Ioannides and Nikos K. Siakolas as Board members, set the remuneration of the Board members, approved the reappointment of PricewaterhouseCoopers Limited as auditors and authorized the Board of Directors to set their remuneration. The Extraordinary General Meeting at 5.30 pm examined the article 169F of the Companies’ Law and approved the resolution for the continuance of the Company’s operations.