Athens, April 17th, 2008

I. Kloukinas - I. Lappas S.A. announces:

Fidelity International notified the company on 21/04/2008 ,according to the L.3556/2007,that through FMR LLC has fallen below the limit of 5% on 17/04/2008 and now possesses 1.108.484 ordinary shares from 1.271.484 on the total of shares and 1.108.484 voting rights ie percentage 4,48% on the total of voting rights.