Notification by the Company

Announcement to the ASE

NOTIFICATION BY THE COMPANY INTRACOM CONSTRUCTIONS SOCIETE ANONYME TECHNICAL AND STEEL CONSTRUCTIONS WITH THE DISTINCTIVE TITLE INTRAKAT REGARDING THE APPROVAL FROM THE MINISTRY OF DEVELOPMENT OF
(1) THE ABSORPTION OF THE STATE AND PRIVATE CONSTRUCTION WORKS SECTOR OF THE COMPANY «CYBARCO TECHNICAL SOCIETE ANONYME», OF THE STATE AND PRIVATE CONSTRUCTION WORKS SECTOR OF THE COMPANY BY THE NAME «T. KARAGIANNIS TECHNICAL SOCIETE ANONYME» AND OF THE STATE AND PRIVATE CONSTRUCTION WORKS SECTOR OF THE COMPANY BY THE NAME «EUROKAT ETECHNICAL SOCIETE ANONYME» AND
(2) THE AMNEDMENT OF ITS ARTICLES OF ASOCIATION

The company under the name INTRACOM CONSTRUCTIONS SOCIETE ANONYME TECHNICAL AND STEEL CONSTRUCTIONS with the distinctive title INTRAKAT (hereinafter the Company) announces that on 28/11/2008 the Decision No K2-14428 of the Minster of Development was registered at the Societes Anonymes registry, which approved:

1. the absorption by the company under the name INTRACOM CONSTRUCTIONS SOCIETE ANONYME TECHNICAL AND STEEL CONSTRUCTIONS with registry number 16205/06/B/87/37 of:
i. the state and private construction works sector of the Company by the name «CYBARCO TECHNICAL SOCIETE ANONYME» with registry number 6816/01ΝΤ/Β/86/131,
ii. the state and private construction works sector of the Company by the name «T. KARAGIANNIS TECHNICAL SOCIETE ANONYME» with registry number 16179/01ΑΤ/Β/87/62, and
iii. the state and private construction works sector of the Company by the name «EUROKAT ETECHNICAL SOCIETE ANONYME» with registry number 58358/04/Β/05/41,
pursuant to the current provisions of Codified Law (C.L.) 2190/20 re �ocietes Anonymes� to articles 1-5 of law 2166/1993, to the decisions of the General Shareholders�Meetings of the aforementioned companies as at 17.11.2008 and to the Athens district Notary Mrs. Athina Zioga Deeds numbered 5255/20-11-2008 and 5258/27.11.2008 and with the transformation balance sheets as at 30/6/2008.

2. the amendment of article 5 of the company� articles of association under the name INTRACOM CONSTRUCTIONS SOCIETE ANONYME TECHNICAL AND STEEL CONSTRUCTIONS with registry number 16205/06/B/87/37, pursuant to the Extraordinary Shareholders�Meeting Decision dated 17-11-2008. During the same day the complete new text of the company� articles of association including the amendments was registered with the Registry of the Societes Anonymes.

The amendment approved is as follows:

Article 5, par. 1
(addition of new text)

«Last, pursuant to the Company� Extraordinary General Shareholders�Meeting dated 17.11.2008 the above share capital of the Company amounting euro twenty three million three hundred and thirty one thousand (23,331,000.00), was increased by the amount of Euro eight million one hundred and fifty eight thousand seven hundred and eighty (8,158,780.00):
a) by the amount of EUR 4.172.000,00 from the contribution of the state and private construction works sector of the Company by the name «CYBARCO TECHNICAL SOCIETE ANONYME» with registry number 6816/01ΝΤ/Β/86/131 pursuant to the provisions of articles 1-5 of law 266/93
b) by the amount of EUR 2,706,142.67 from the contribution of the state and private construction works sector of the Company by the name «T. KARAGIANNIS TECHNICAL SOCIETE ANONYME» with registry number 16179/01ΑΤ/Β/87/62, pursuant to the provisions of articles 1-5 of law 266/93
c) by the amount of EUR 396,532.97 from the contribution of the state and private construction works sector of the Company by the name «EUROKAT ETECHNICAL SOCIETE ANONYME» with registry number 58358/04/Β/05/41, pursuant to the provisions of articles 1-5 of law 266/93 and
d) by the amount of EUR 884,104.36 from the capitalization of reserve from the �hare premium�account,
and determining the Company� share nominal value from EUR 0.30 to EUR 0.34 each and the issuance of fourteen million eight hundred and forty seven thousand (14,847,000) new Common Registered shares, of nominal value at EUR 0.34 each.
Of the above EUR 8,158,780.00 share capital increase, the amount of EUR 3,110,800 corresponds to the share� nominal value increase of the current 77,770,000 Company shares from EUR 0.30 to EUR 0.34 each (i.ie 77,770,000 X 0.04) and the amount of EUR 5,047,980 corresponds to the issuance of 14,847,000 new share of nominal value EUR 0.34 each.
As a result of the above, the Company� share capital amounts to Euro thirty one million four hundred and eighty nine thousand seven hundred and eighty (31,489,780.00) and will be divided into ninety two million six hundred and seventeen thousand (92,617,000) Common Registered shares, of nominal value EUR 0.34 each.»