SFAKIANAKIS S.A.

Announcement

The company will support the effort of basic shareholders for private placement of shares that will become in order to strengthen the liquidity of shares. In this direction the company intends to provide the relative information and the essential help for the necessary presentations to the candidate investors. The presentations will concern Greeks and Foreigner Institutional Investors, will become the first 10 days of July 2007 and their precise dates will be announced as soon as they will be definitive. The presentations will be the available in the web page of company corresponding dates.