Athens, July 21st 2008

I.Kloukinas-I .Lappas SA announces:

Pursuant to Law 3556/2007 in combination with article 11of Decision 1/434/03/07/07 of the Hellenic Capital Market Commission:

a) Mr Ioannis Kloukinas, President and CEO , bought on 21/07/2008 5.414 ordinary shares of total value 22.197,40 €.The company has been informed by Mr Kloukinas according to the Law 3340/2005 (art.13)

b) Mr Loukas Spentzaris , Executive member of the BoD , bought on 21/07/2008 5.414 ordinary shares of total value 22.197,40 €.The company has been informed by Mr Spentzaris according to the Law 3340/2005 (art.13)

c) Mr Ioannis Lappas, Vice-President and CEO , bought on 21/07/2008 5.414 ordinary shares of total value 22.197,40 €.The company has been informed by Mr Lappas according to the Law 3340/2005 (art.13).