Friday, 6 June 2003

+++ INVITATION
To a General Assembly of the Shareholders of the Societe' Anonyme (S.A.) registered under the corporate name "INTRACOM S.A. - HELLENIC TELECOMMUNICATIONS AND ELECTRONICS INDUSTRY" and with the distinctive title "INTRACOM" eg. No. (S.A. Register): 13906/06/Β/86/20 +++

In accordance with the Greek Law and the Company's Articles, and after the resolution of its Board of Directors, the Company's Shareholders are invited to an Ordinary General Assembly on Monday June 30, 2003, at 11.00 a.m. at Company Head Offices, in Peania, Attiki (precise location: 19,5 km of the new Peania - Markopoulo Ave., complex B, on the right heading for Markopoulo) to discuss and resolve upon the following items on the Agenda:

Agenda

1. Submission and authorization of Consolidated Financial Statements from 1.1.2002 until 31.12.2002, after the hearing of the Board of Directors Reports about the prior provisions and of the Certified Auditors-Accountants.

2. Submission and approval of the consolidated Financial Statements from 1.1.2002 until 31.12.2002, after the hearing of the relevant Board of Directors Reports and of the Certified Auditors-Accountants.

3. Abatement of the members of the Board of Directors and of the Certified Auditors-Accountants from any reimbursement, for the Company's Management, the Financial Statements and Consolidated Financial Statements for the fiscal year 2002.

4. Election of Certified Auditors-Accountants for the control of the fiscal year 2003.

5. Accreditation for the election of a new Member of the Board of Directors in replacement of the resigned member for the remaining term of the consultant who resigned.

6. Election of a new Board of Directors and appointment of its independent non-session Members, according to the stipulations of the Regulation Ν. 3016/2002, About Corporate Governing, standing as is today.

7. Amendment of the Company's Article clause 5, about Share Capital, due to Stock Options

8. Amendment of the following clauses of the Company's Articles:
-clause 17 paragraph 3 and clause 25 paragraph 2, regarding the accreditation of copies or abstracts of the Board of Directors proceedings or the Company's Shareholders General Assembly
-clause 19 paragraph 1, regarding the maximum number of Members of the Board of Directors.
-clause 21 paragraph 1 and 3, regarding the number of Vice Presidents of the Board of Directors.

9. Assessment of the Board of Directors Members' maximum salary, associated in the subordinate business relation with the Company, during the time-period from 1.7.2003 until the next General Assembly, and authorization of already paid salaries.

10. License provision, according to clause 23 paragraph 1 of the Regulation Κ.Ν. 2190/20, to the Members of the Board of Directors and to the General Directors or to the Company's Directors to attend Board Meetings, and or to the Management of other companies who pursue the same scope.

11. Announcement of information for the purchase of own shares, according to the resolution of the Company's General Assembly of Shareholders of 19/3/2002.

12. Various Announcements.

Under the Greek law and the Company's Articles, in order for the Shareholders and their representatives to be eligible for attending the Ordinary General Assembly, they must declare the number of shares with which they wish to join the Assembly at least five (5) days before the session of the Assembly. In declaring the number of shares, the interested parties must address the Central Security Depository, provided the number of shares to be deposited are already registered in the Special Account, otherwise they should firstly request from their authorized Security Accounts administrators to issue a tying-up certificate for them, and secondly, submit relevant letters of attorney to the company offices within the same deadline.