MEDIA RELEASE - 19/01/2010

Pyramis MetallourgiaΑ.Ε. Announces the following Appointments :
a) New Deputy General Director, b) New Commercial Director, c) New Exports Director and d) New Greek Market Sales Director.

, Greece – January 15, 2009 – Pyramis Metallourgia A.E. announces that

a) Mr. Georgios I.Tsikoulas, (36 y.o) has been named the new Deputy General Director.
Prior to his appointment, Mr G. Tsikoulas has been Exports Director since 2008. He has been responsible for the strategic growth and development of the subsidiaries as well as, of the international key accounts and customers of the company. He is a member of the Board of Directors of Pyramis Metallourgia A.E. Mr. Georgios I. Tsikoulas has a degree in International and European Economic and Political Studies from the University of Macedonia, an MSc in International Accounting and Finance from the London School of Economics, an MSc in Information Systems from the University of Sheffield, a Diploma in Material-Technology-Design from the UK Open University, and is currently studying for a Law Degree in the Aristotle University of Thessaloniki. He is married.
b) Mr. Vassilis D. Dοuptsoglou, (41 y.o) has been named the new Commercial Director.
Mr. Vassilis Douptsoglou, succeeds Mr. Kostas A. Bakatselos, who will now obtain the position of the Advisor of the Managing Director. Prior to his appointment, Mr V. Douptsoglou has been the Greek Market Sales Director since 2000. He has been responsible for the development and expansion of the Greek market as well as, for all the trade products of Pyramis and the establishment and management of the company’s Purchasing Department.          Mr. Vassilis D. Douptsoglou has a degree in Chemical Engineering from Aristotle University of Thessaloniki, Greece and an MBA degree from University of Sheffield, UK. He is married and has two children. 
c) Mr. Christodoulos K. Rantis, (45 y.o) has been named the new Exports Director retaining also the position of Marketing Director.
Mr. Ch. Rantis, succeeds Mr. Georgios Tsikoulas. Mr. Christodoulos Rantis has a degree in Economics and Business Administration from Aristotle University of Thessaloniki, Greece and a D.E.S.S. Masters in Marketing from I.A.E Aix en Provence University, France. He is married and has two children.
d) Mr. Dimitris Κ. Monachas, (39 y.o.) has been named the new Greek Market Sales Director.
Mr. Dimitris Monachas, succeeds Mr. Vassilis D. Duptsoglou. Prior to his appointment, Mr D. Monachas has been Deputy Sales Director of the Greek Market since 2002 He has been responsible for organizing implementing and coordinating the sales in the Greek Market as well as, assisting in the management of the Purchasing Department. Mr. Dimitris Monachas has a degree (MSc) in Management & Marketing from University of Manchester Institute of Science & Technology (U.M.I.S.T.). He is married. 
The new executive appointments are effective since 1/1/2010.

About Pyramis Metallourgia A.E.
Pyramis Metallourgia A.E. is a company of production & trading of integrated solutions for the kitchen and the bathroom. It is one of the top five companies of the sector worldwide (production of 1,200,000 sinks annually). In Greece it is considered to be a leader in the market of stainless steel sinks, with an estimated market share of 34%. The company is particularly extrovert in the International markets (>68% of turnover her in 2009), owning nine (9) subsidiary companies abroad, while it occupies 400 people. This year Pyramis fulfils 50 successful years in the industry.

Christodoulos Rantis