ABSTRACT OF MINUTES
OF THE 12th /14.5.2013 MEETING OF THE BOARD OF DIRECTORS

Subject: Submission for approval of the Financial Statements for the period of 01.01.2013 – 31.03.2013, according to the International Financial Reporting Standards.

The Board of Directors approved the Financial Statements of HEDNO S.A. for the period from 01.01.2013 to 31.03.2013, concluded according to the International Financial Reporting Standards and include:

- Statement of Income

- Statement of Financial Position

- Statement of Comprehensive Income

- Statement of Cash Flows

- Statement of Changes in Equity

- Notes to the Financial Statements that constitute their indispensable part.

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Subject: Contract no 5098101/26.4.2010 with ITRON FRANCE for purchasing remote controlled audio frequency systems with series injection.
Amendment of the material delivery date referring to the above Contract.  

The Board of Directors approved to transfer the time period for the 4th and 5th delivery of Item 1 materials referring to the Contract 5098101/26.04.2010, from 16.02.2013 to 16.05.2013 and from 16.05.2013 to 16.11.2013 respectively.

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Subject: Lease of the Distribution Center property in Elliniko amending the Board of Directors resolution no 97/20.12.2012.

The Board of Directors approved the lease of the Distribution Center property in Elliniko with total field surface of 3,250.00 m2, building area of 3,822.14 m2 and tunnel of approximately 380.00 m of length, for an annual rent of 18,557.59 €  for the first ten (10) years of the contract and 28,000.00 € for the following eighty (80) years.

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