AXON S.A. HOLDING

Announcement

In the framework of the regular information of its shareholders and investors in general, AXON Holdings S.A. wishes to announce that NEOS ENGEFALOS S.A, a subsidiary company in which AXON has a 63.35% share, has sold on 04.06.2007 a property which was under its ownership at Kryoneri Attiki, at the price of 6.3 million euro.