TITAN

Statement of Members of the Board



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.:

  1. Andreas Canellopoulos, Chairman,
  2. Dimitrios Papalexopoulos, Managing Director  and
  3. 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