Monday, 10 October 2005

+++ Invitation to an Extraordinary General Meeting +++

In accordance with the Greek Law, the Company's Articles and the resolution of its Board of Directors, the Company's Shareholders are invited to an Extraordinary General Meeting on Monday, October 31st, 2005 at 10.00 a.m., at the Company Head offices in Peania, Attiki (precise location: 19,5 km Peania - Markopoulo avenue, site B - with direction to Markopoulo, on the right hand side) to discuss and decide upon the following items on the Agenda:

AGENDA

1. Approval of the Telecom Solutions and Defense Electronic Systems Company sectors spin-off and their transfer to the companies "ELIDA HELLAS S.A." and "PRAXIS AUTOMATISMS S.A.", according to articles 1-5 of Law 2166/93.

2. Appointment of a Company representative for the signing of the relevant notary actions regarding the sector transfer and the undertaking of any other relevant action or statement.

Under Greek Law and the Company's Articles, in order for shareholders and their representatives to be eligible to attend the Extraordinary General Meeting, they must declare the number of shares with which they wish to join the Meeting, at least five (5) days before the Meeting date. In declaring the number of shares, the interested parties must address the Central Security Depository, provided the number of shares to be deposited is 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 any relevant letters of attorney to the Company offices within the same deadline.