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The Regulations, which have been communicated to the Spanish Securities and Exchange Commission and were entered in the Mercantile Register of Barcelona on July 8, 2004, are attached next.
At the Ordinary General Shareholders' Meeting of Sociedad General de Aguas de Barcelona, S.A. held at first call on May 21, 2004, the Regulations of the General Shareholders' Meeting were approved according to the proposed resolutions that the Board of Directors submitted for approval of the shareholders.