ABSTRACT OF MINUTES
OF THE 23rd/7.11.2013 MEETING OF THE BOARD OF DIRECTORS


Subject: Submission for approval of the Financial Statements for the period 01.01.2013 – 30.09.2013, according to the International Financial Reporting Standards.

The Board of Directors approved the Financial Statements of HEDNO S.A. for the period between 01/01/2013 and 30/09/2013, concluded according to the International Financial Reporting Standards.
The Financial Statements include the following:
- 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: Organization of festivities for the personnel and schedule for the provision of gifts to their children with the opportunity of Christmas and New Year season 2013-2014.

The Board of Directors decided the organization of festivities for the personnel, as well as the schedule for the provision of gifts to their children with the opportunity of Christmas and New Year season 2013-2014. The schedule for the provision of gifts was approved to HEDNO’s permanent and fixed term employees’ children between the ages of 3 and 12 years for the whole Greek territory with a budget expenditure up to 54,882 euros, plus VAT. Also, the organization of festivities (Christmas-New Year 2013-2014) was approved for the employees in the HEDNO Units with a budget up to 72,400 euros, plus VAT. The total budget for both actions is up to 127,282 euros plus VAT.

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