Athens, January 23rd, 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, Mr Nikolaos Andrikopoulos, Legal Counselor , bought on 23/01/2008 3.910 ordinary shares of total value 22.171,00 €..The company has been informed by Mr Andrikopoulos according to the Law 3340/2005 (art.13)