STATEMENT OF MEMBERS OF THE BOARD
(In accordance with article 4 of Law 3556/2007)
The members of the Board of Directors of TITAN CEMENT COMPANY S.A.:
- Andreas Canellopoulos, Chairman,
- Dimitrios Papalexopoulos, Managing Director and
- Τakis-Panagiotis Canellopoulos, Board Member, having been specifically assigned by the Board of Directors.
In our above mentioned capacity declare that:
As far as we know:
Α) the enclosed financial statements of TITAN CEMENT COMPANY S.A. for the period of 1.1.2011 to 31.12.2011 drawn up in accordance with the applicable accounting standards, reflect in a true manner the assets and liabilities, equity and results of TITAN CEMENT COMPANY S.A. as well as of the businesses included in Group consolidation, taken as a whole.
Β) the enclosed report of the Board of Directors reflects in a true manner the development, performance and financial position of TITAN CEMENT COMPANY S.A., and of the businesses included in Group consolidation, taken as a whole, including the description of the principal risks and uncertainties.
Athens, 1 March 2012
ANDREAS L. CANELLOPOULOS Chairman of the Board |
DIMITRIOS TH. PAPALEXOPOULOS Managing Director |
TAKIS-PANAGIOTIS A. CANELLOPOULOS Board Member |