Athens, October 31st 2007

Pursuant to article 27 par. 3 of L. 3556/07, I.Kloukinas-I.Lappas SA announces that until September 30th, 2007, the major shareholders of the company in order to fulfill their statutory obligations as set out in article 27 par. 2 of the above law, informed the company of their participation percentage held in the company’s capital stock and the number of voting rights possessed, as follows:

1. The shareholder Mr Ioannis Lappas , possesses directly 5.720.450 ordinary shares i.e. percentage 23,11% on the total of shares and voting rights.

2. The shareholder Mr Ioannis Kloukinas , possesses directly 5.720.450 ordinary shares i.e. percentage 23,11% on the total of shares and voting rights.

3. The shareholder Mr Loukas Spentzaris , possesses directly 3.082.349 ordinary shares i.e. percentage 12,45% on the total of shares and voting rights.

4. Capital Research and Management Company possesses indirectly 1.483.000 ordinary shares i.e. percentage 5,99% on the total of shares and voting rights.

This announcement is published according to the provisions of article 21 of Law 3556/2007 and is presented in the web site of the company in the address www.klmate.gr