Thursday, 9 December 2004

+++ Decisions of the B' Follow-up Assembly of the November 9th, 2004 Extraordinary General Assembly of INTRACOM Shareholders +++

We hereby inform you that the B' Follow-up Assembly of the November 9th, 2004 Extraordinary General Assembly of INTRACOM shareholders held today, decided by a strong majority of shareholders present, that is with 62.496.549 votes out of a total of 65.961.198 represented at the Assembly, not to decrease the Company's share capital and consequently, not to return capital to the shareholders.

As regards the second item of the Agenda, it was decided unanimously to expand the Company's purpose in order to allow for the undertaking of outsourcing contracts and the participation in joint ventures of co-financed projects.