The Shareholders' Meeting approves the 2003 report and distributes an ordinary dividend of Euro 0.30 per share

The Group closes 2003 with a Production Revenue of € 54.6 million.

The Net Consolidated Financial Position is in credit by €14.1 million, thanks to a cash flow from operating activities of €12.5 million (€3.3 million at the end of 2002).

The Shareholder’s Meeting has approved the payment of an ordinary dividend of €0.30 per share, an increase compared to the 2002 dividend (€0.18).