With reference to the appointed for 29.06.2007 General Meeting of Shareholders of Euroterra Bulgaria AD-Sofia

With reference to the appointed for 29.06.2007 General Meeting of Shareholders of Euroterra Bulgaria AD-Sofia, BSE code – TERRA, the following additional item shall be added to the agenda as adopted by Sofia City Court under a definition dated 19.06.2007:

– Changes within the Board of Directors:

Discharging Rumen Georgiev Nikolov from the Board of Directors and electing Angelos Parashakis as a member of the Board with a mandate of five (5) years